LONDON – Britain’s Royal Mail, whose origins date back to the reign of Henry VIII, is to be sold off to private investors, the government announced Thursday, setting up a bitter battle over the selling of a national icon. More: continued here
Read More »Royal Mail to launch stock market flotation within hours – Telegraph.co.uk
Telegraph.co.uk Royal Mail to launch stock market flotation within hoursTelegraph.co.ukRoyal Mail chief executive Moya Greene will meet 1,200 union representatives at a private meeting in Birmingham at 11am on Thursday in a last-ditch bid to win their support for the move and avert a crippling nationwide strike in the run-up …
Read More »Government to float Royal Mail on stock exchange ‘in the coming weeks’ – The Guardian
The Guardian Government to float Royal Mail on stock exchange 'in the coming weeks'The GuardianVince Cable has fired the starting gun on the sale of Royal Mail by formally announcing the government's intention to float the company on the London Stock Exchange in "the coming weeks". "This is an important …
Read More »Royal Mail privatisation launched – Fox News
BBC News Royal Mail privatisation launchedFox NewsLONDON (AFP) – The government on Thursday officially launched plans to privatise more than half of Royal Mail, saying an initial sale of shares in the state-run postal service would occur within weeks. "Her Majesty's Government today announces its …Royal Mail privatisation 'in the coming …
Read More »Royal Mail for sale: Postal service set for stock market flotation – Express.co.uk
Royal Mail for sale: Postal service set for stock market flotationExpress.co.uk… the sale in the current financial year. Royal Mail chief executive Moya Greene said: "Our strategy is delivering a revitalised company, with a unique, UK, multi-use network through which we are proud to deliver the universal postal service for …
Read More »Royal Mail privatisation launched
The government on Thursday officially launched plans to privatise more than half of Royal Mail, saying an initial sale of shares in the state-run postal service would occur within weeks. More: continued here
Read More »Britain launches Royal Mail privatisation
Britain's government on Thursday officially launched plans to privatise more than half of Royal Mail, saying an initial sale of shares in the state-run postal service would occur within weeks. More: continued here
Read More »Royal Mail set to be floated – Fox News
Royal Mail set to be floatedFox NewsLONDON (AFP) – The sale of a majority stake in Royal Mail was due to be announced on Thursday, the BBC reported, sparking an angry response from unions. The government is expected to announce its intention to float the 497-year-old service before the … More: …
Read More »Royal Mail privatisation ‘in the coming weeks’ – BBC News
BBC News Royal Mail privatisation 'in the coming weeks'BBC NewsThe government has given formal notice to the stock exchange that it plans to privatise the Royal Mail"in the coming weeks". BBC business editor Robert Peston said he expected the sale to take place in November. Employees will be given 10% …
Read More »Royal Mail Outlines Plans for Initial Public Offering Next Month – Bloomberg
Royal Mail Outlines Plans for Initial Public Offering Next MonthBloombergRoyal Mail Group Ltd., the U.K.'s 360-year-old postal service, announced plans for an initial public offering to help raise funds that will let the delivery company regain a competitive edge against European rivals. The IPO will take place “in the … …
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