Lazard's advisory division advised the Government on the pricing of Royal Mail and its investment arm was one of 16 investors chosen to form a long-term shareholder base More: continued here
Read More »Royal Mail row: Lazard was a ‘priority investor’ in historic listing – Telegraph.co.uk
Telegraph.co.uk Royal Mail row: Lazard was a 'priority investor' in historic listingTelegraph.co.ukThe row over Royal Mail has been inflamed after it emerged that Lazard Asset Management – the investment arm of the Government's adviser on the historic privatisation – was one of the 16 “priority” investors in the flotation. Lazard …
Read More »Firm that advised ministers on Royal Mail sell-off also made £8million from shares – Daily Mail
Daily Mail Firm that advised ministers on Royal Mail sell-off also made £8million from sharesDaily MailLAM bought and sold them all within days and made an instant profit of £8million for its clients – making a mockery of Business Secretary Vince Cable's insistence that Royal Mail shares should only be …
Read More »‘Priority investors’ drawn into uproar over Royal Mail privatisation – Reuters UK
BBC News 'Priority investors' drawn into uproar over Royal Mail privatisationReuters UKShares in Royal Mail have soared as much as 87 percent above the 330 pence per share Britain sold a 60 percent stake for in October. This has offered quick profits for big banks and City investors and drawn …
Read More »Privatization of UK’s Royal Mail – Goldman Sachs Gave “Priority Investor … – Center for Research on Globalization
Privatization of UK's Royal Mail– Goldman Sachs Gave “Priority Investor …Center for Research on GlobalizationThe Bureau reveals the shareholders given priority status in the controversial Royal Mail flotation. (Image: Royal Mail via shutterstock.com). Hundreds of City institutions registered interest in Royal Mail shares in the run up to one of …
Read More »Royal Mail sell-off: Sketch – Chinese walls are all Greek to MPs – The Independent
The Independent Royal Mail sell-off: Sketch – Chinese walls are all Greek to MPsThe IndependentA bit puzzling, this “Chinese wall” business. On Monday Lazard and Co's chief executive William Rucker insisted that the separation between his bit of the business, the Government's lead adviser on the Royal Mail sell-off, and …
Read More »The disastrous Royal Mail sale didn’t lack hindsight, it lacked foresight – The Guardian
The Guardian The disastrous Royal Mail sale didn't lack hindsight, it lacked foresightThe GuardianThis was essentially the position of the business secretary, Vince Cable, and the business minister, Michael Fallon, as they faced tough questions from the parliamentary business select committee over the sale of Royal Mail. "It was a …
Read More »Royal Mail Sale Would Have Thatcher ‘Turning In Her Grave’, Warns Margaret … – Huffington Post UK
Royal Mail Sale Would Have Thatcher 'Turning In Her Grave', Warns Margaret …Huffington Post UKRoyal Mail's controversial privatisation would have Margaret Thatcher "turning in her grave" as the business' shares went to a "masonic lodge" of City firms rather than ordinary investors, Labour MP Margaret Hodge has warned. Hodge, chairman …
Read More »Abu Dhabi and Kuwait Funds Got Priority Royal Mail Shares – Bloomberg
Abu Dhabi and Kuwait Funds Got Priority Royal Mail SharesBloombergGoldman Sachs Group Inc. (GS) and Lazard Ltd. said there was no conflict of interest when advising on Royal Mail Plc (RMG)'s initial public offering, after the government released a list of “priority investors” in the sale. Lazard's asset management … …
Read More »Abu Dhabi and Soros got ‘golden ticket’ in Royal Mail – Telegraph.co.uk
Telegraph.co.uk Abu Dhabi and Soros got 'golden ticket' in Royal MailTelegraph.co.ukAbu Dhabi Investment Authority, billionaire investor George Soros and activist hedge fund Third Point were among the 16 investors given preferential treament in the controversial Royal Mail privatisation. The Government on Wednesday released details of … More: continued here
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