The Week UK Royal Mail, RBS share sales dominate as FTSE edges higherReutersRoyal Mail dips after government sells shares at discount. * RBS rallies on news of sooner-than-expected stake sale (Updates with closing prices). By Liisa Tuhkanen and Alistair Smout. LONDON, June 11 (Reuters) – Gains in Royal Bank of Scotland shares …FTSE up as Royal…
Reuters UPDATE 1-Britain raises $1.2 bln from Royal Mail stake saleReutersIn a speech on Wednesday, Finance Minister George Osborne said the government would also award up to 1 percent more of Royal Mail's shares to staff, after giving them 10 percent in 2013. ($1 = 0.6462 pounds) (Reporting by Paul Sandle; Editing by Kate … More:…
Croydon Advertiser Royal Mail sells 'eyesore' East Croydon sorting office to housing groupCroydon AdvertiserROYAL Mail has sold its "eyesore" delivery office next to East Croydon station to a housing association. The office has been bought by The Hyde Group, which will work with Joseph Homes to redevelop the site. But the Royal Mail's mixed-use retail…
Royal Mail upped to 'overweight' by JPMorgan as PostNL abandons UK direct …Yahoo Finance UKLONDON (ShareCast) – JPMorgan Cazenove upgraded Royal Mail (LSE: RMG.L – news) to 'overweight' from 'neutral' and raised the target price to 605p from 515p, pointing to diminished postal risk after PostNL announced the suspension of Whistl's UK …and more » More: continued…
Broker Spotlight – Royal Mail, RBS, Angle Plc, ReNeuron, Sirius MineralsProactive Investors UKAs George Osborne's plans to sell the government's holdings in Royal Bank of Scotland (LON:RBS) and Royal Mail (LON:RMG) are confirmed, JP Morgan Cazenove is upgrading its rating of the latter to 'overweight' from 'neutral'. Elsewhere, Investec said …and more » More: continued here
Daily Mail Public denied Royal Mail shares after Government sells them offDaily MailMore than £770 million of Royal Mail shares were due to be sold off by the Government last night – but the public was barred from buying them. Ministers put half of the Government's 30 per cent stake up for sale overnight, but…
Financial Times Royal Mail stake sale raises £750mFinancial TimesShares in Royal Mail fell almost 4 per cent on Thursday after the UK government said it had raised £750m from the sale of half of its remaining 30 per cent stake in the company. Banks led by JPMorgan, Bank of America and Goldman Sachs this week…
Mirror.co.uk Britain Raises $1.16 Billion in Sale of Royal Mail SharesNew York TimesLONDON — The British government said on Thursday that it had raised 750 million pounds, or about $1.16 billion, in a sale of half of its remaining stake in Royal Mail, the operator of Britain's postal service. The government sold a 15 percent…
Mirror.co.uk Fury as £750m Royal Mail shares sold overnight to City fatcats with no offer …Mirror.co.uk"It's disgraceful the Government is rushing to dump its stake in Royal Mail to City speculators without giving ordinary investors a look in," he said. "The Government does not seem to have learnt the lessons from their initial botched fire…
Telegraph.co.uk Government to sell 15pc of Royal Mail overnightTelegraph.co.uk"Thanks to them, Royal Mail's share price has risen; so we're going to give more of the shares to the staff. "Tomorrow [Thursday] we will announce more details of that, and how much of our stake we have sold.” The Chancellor revealed last week that the …Britain raises…