Royal Mail

IBTimes.co.uk Royal Mail: UBS Claims CWU Dispute 'Major Risk Factor' to Offer Share PriceIBTimes.co.ukRoyal Mail's industrial dispute with the Communication Workers Union was "the major risk factor" weighing down on the historic firm's offer price in its flotation onto the London Stock Exchange, according to one of the senior bankers …

Telegraph.co.uk Bankers 'misled' taxpayers on Royal Mail valuation, say MPsTelegraph.co.ukThe Committee had called bankers from six institutions who had valued Royal Mail before its flotation. John Mayne, managing director from JP Morgan, said his team had valued Royal Mail at between £6.8bn and £8.5bn in its pitch for the business …

Royal Mail Sale Has 'Cost The Taxpayer', Warns Tory MPHuffington Post UKBrian Binley, Tory member of the Business select committee, accused Goldman Sachs and UBS, the banks which advised the government on valuing Royal Mail at 330p a share, of not offering "helpful" advice. Speaking as officials from the banks …

bankers said Britain could not have sold the Royal Mail The two banks, which led Royal Mail's London stock market listing, were summoned before a parliamentary committee on Wednesday to explain why they had priced the near 500-year old firm so far below its current market value. Royal Mail's shares …

Daily Mail Banks accused of costing the taxpayer millions by selling off Royal Mail too …Daily MailThe banks which advised the government on selling Royal Mail were today accused of failing taxpayers. MPs claimed 'intelligence gathering' on what investors would pay for the postal firm was flawed and ministers were …

Telegraph.co.uk Royal Mail's"fair value" is 466pInteractive InvestorRoyal Mail (RMG) should benefit from numerous tailwinds going forward, but its 68% gain in share price since listing fully reflects this, according to analysts at Barclays. Following milestone regulatory changes and a landmark pension agreement, the …12.3 Reasons That May Make Royal Mail …

Royal Mail shares dip as flotation advisor's analysts issue sell noteThe GuardianOn the day MPs quizzed bankers over the Royal Mail flotation price, the company's shares have fallen 1.5% as a stream of City research was released. Analysts at UBS – which was one of the banks up before the …

Banker Defends £9.5bn Royal Mail ValuationSky NewsThe investment bank which proposed a near-£10bn valuation for Royal Mail defended its approach on Wednesday, saying it had not had access to inside information and had taken a bullish view of the company's prospects. Appearing in front of the Business, … More: continued here

The Guardian UPDATE 3-Royal Mail bankers reject claims sale price was too lowReutersLONDON, Nov 20 (Reuters) – Goldman Sachs and UBS bankers said Britain could not have sold the Royal Mail postal service at its current higher price, rejecting accusations that one of the biggest privatisations in years had short-changed …

Independent Online Royal Mail advisers defend sale priceIndependent OnlineLondon – Advisers on the British government's privatisation of Royal Mail said the postal service could not have been sold at its current price, rejecting accusations that one of the biggest state sell-offs in years was done on the cheap. On Wednesday …