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Goldman Sachs and UBS to lead privatisation of Royal Mail

Government announces selection of Goldman Sachs and UBS to advise on Royal Mail's sale and collect majority of fees Goldman Sachs and UBS will lead a syndicate of banks collecting about £30m from the £3bn privatisation of Royal Mail. The government yesterday announced that it had selected Goldman Sachs, which …

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Royal Mail Flotation Banks Confirmed – Sky News

Royal Mail Flotation Banks ConfirmedSky NewsThe Wall Street banking giant Goldman Sachs landed a plum role on Wednesday advising on the £2.5bn flotation of Royal Mail, the biggest British privatisation in decades. The Government confirmation came after Sky News revealed that a syndicate of banks … More: continued here

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Royal Mail sale figure incorrect – Herald Scotland

Royal Mail sale figure incorrectHerald ScotlandShould we proceed with an IPO, these banks will receive a tiny percentage of the amount raised in the share offering, rather than a percentage of the overall market capitalisation of Royal Mail. Royal Mail's market valuation is yet to be determined so … More: …

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