Daily Mail Lazard, firm that advised Royal Mail sell-off, made £8m 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 sold to long-term, stable investors. During a…
International Business Times UK Royal Mail Sale Adviser Lazard 'Given Priority Investor Status for Shares'International Business Times UKOne of the financial firms advising the government on its sale of Royal Mail– which it has been accused of undervaluing – was a priority investor given special preference in the privatisation, it is claimed. Lazard & Co…
The Independent Royal Mail sell-off: Portraits of financial power – the funds that made a fortuneThe IndependentThird Point. Billionaire investor Dan Loeb, the founder of Third Point, is known as one of the most ruthless hedge-fund investors in the world. So ruthless that even the mild-mannered George Clooney has attacked his actions against Hollywood studios….
Telegraph.co.uk Royal Mail row: 'priority investor' Lazard sold shares after a week for an £8m …Telegraph.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 Asset Management was …Privatization…
The Independent Royal Mail sell-off: Vince Cable on the run as MPs attack carve-upThe IndependentPressure on the Government over the botched Royal Mail sell-off intensified on Monday as more hedge funds were unmasked as key investors in the flotation and the chairman of a committee of MPs condemned the “corporate masonic lodge” that profited at ……
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
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 Asset Management … More: continued…
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 sold to long-term, stable investors….
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 flak from trade unions and…
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 the most … More: continued…