LONDON (AP) — The British government said Friday that Royal Mail will be valued at up to 3.3 billion pounds ($5.3 billion) when it sells a majority stake in the 500-year-old service next month. More: continued here
Read More »UK’s Royal Mail privatization subscribed in hours: sources – Reuters
BBC News UK's Royal Mail privatization subscribed in hours: sourcesReutersLONDON (Reuters) – Britain's Royal Mail privatization garnered orders for all of the shares on offer in the space of a few hours on Friday, sources said, marking a strong start for a selloff that stands to flush up to 2 …
Read More »Britain’s Royal Mail privatization subscribed in hours
Marks a strong start for a selloff that stands to flush up to $3-billion into government coffers More: continued here
Read More »Roundup: should the Royal Mail be privatised? – The Guardian
The Guardian Roundup: should the Royal Mail be privatised?The GuardianCuts are inevitable if the buyer seeks large returns: Royal Mail makes relatively small margins and is facing an increasingly competitive environment. It can only return large dividends by cutting services that lose money – e.g in rural areas. The … …
Read More »Royal Mail float: experts on whether investors should buy the shares?
The company has announced a price range for its shares in the forthcoming flotation. Are they a bargain? More: continued here
Read More »Royal Mail shares valuation: Quick facts
Richard Evans and John Ficenec on the crucial numbers that suggest investors may end up with bargain high income shares. More: continued here
Read More »£3.3bn: Royal Mail’s value on privatisation – Herald Scotland
Herald Scotland £3.3bn: Royal Mail's value on privatisationHerald Scotland£3.3bn: Royal Mail's value on privatisation. Friday 27 September 2013. Royal Mail will be valued at up to £3.3 billion when its controversial privatisation takes place next month, the Government said today. Royal Mail will be valued at up to £3.3 … …
Read More »Britain’s Royal Mail to be valued at up to $5.3 bln in share sale – Reuters
Britain's Royal Mail to be valued at up to $5.3 bln in share saleReutersLONDON, Sept 27 (Reuters) – The British government said on Friday it would offer shares in state-owned Royal Mail at between 260 pence and 330 pence each in its London listing, valuing the company at as much …
Read More »Royal Mail valued at $5.3 billion ahead of IPO – WTOP
Royal Mail valued at $5.3 billion ahead of IPOWTOPLONDON (AP) — Britain's government says that Royal Mail will be valued at up to 3.3 billion pounds ($5.3 billion) when it sells a majority stake in the 500-year-old service next month. Shares are expected to be priced at between 260 pence …
Read More »DealBook: British Postal Service Valued at $5.3 Billion in I.P.O.
Royal Mail, Britain’s 360-year-old postal service, is to be valued as much as $5.3 billion in its initial public share sale scheduled for next month, the government said on Friday. More: continued here
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