Royal Mail

Metro Privatisation plans boosted by Royal Mail's£440m profitsMetroRoyal Mail profits have risen to £440million ahead of a possible stock market flotation later this year. The results for the year to March 31 are more than double the £152million in 2012 – when there was one less trading week. The state-owned …

UK's Royal Mail Said to Seek 1.5 Billion-Pound Loan Before IPOBusinessweekRoyal Mail Group Ltd., the U.K.'s postal service, is in talks with banks to raise 1.5 billion pounds ($2.3 billion) of loans to provide funding before a planned sale of the company's shares, according to three people with knowledge of …

Royal Mail Privatisation – Do We Want This?Huffington Post UK (blog)While letter volumes are in decline, the services provided by Royal Mail are as vital as they have always been. What enables Royal Mail to deliver from Lands End to John O'Groats for a single, affordable price is the massive …

Scotsman Royal Mail tests market for £1.5bn loan ahead of IPOScotsmanBANKS have been asked to gauge market appetite for a £1.5 billion syndicated loan to back the planned privatisation of Royal Mail, according to banking industry sources. A group of about ten banks are looking at the financing, which is …

Royal Mail Float Looms After £440m ProfitsSky NewsChief Executive Moya Greene, who last year returned the core postal business to profitability after four successive years of losses, said it was a strong performance and that the transformation of Royal Mail was under way. The core postal business … More: continued …

No alternative to privatising Royal Mail, insists Vince CableThis is SomersetMr Cable's comments yesterday came as Royal Mail unveiled a big jump in profits to £440 million. The result for the year to March 31 was more than double the £152 million in 2012 – when there was one less …

Royal Mail's investment banking bonanzaFinancial News (blog) (subscription)The Royal Mail flotation is gathering pace, with the tender process for an IPO syndicate currently underway. But even before the underwriters and bookrunners have been chosen, the postal firm and UK government have done their best to hire nearly every …Royal Mail …

By Tessa Walsh LONDON (Reuters) – Banks have been asked to gauge by the end of this week the appetite for a 1.5 billion-pound syndicated loan to back the planned privatisation of Britain's Royal Mail Group … More: continued here

Royal Mail hits back at CWU ballotprintweek.comOn the issue of a possible boycott by CWU members of mail from DSA providers, Royal Mail said that it was committed to the delivery of DSA mail and that any disruption to that service would "adversely impact the business, our reputation and that …

Royal Mail sounds out market for £1.5 billion IPO loanReutersRoyal Mail's flotation is expected to take place this autumn. The group has 150,000 staff and annual sales of 9.5 billion pounds ($14.7 billion). British media reports have put a likely stock market value of between 2 billion pounds and 3 …