Investment bank gave valuation before flotation, as unions accuse government of 'conspiracy against taxpayer' One of the world's largest investment banks told ministers ahead of the Royal Mail flotation that they could sell the postal business for £10bn, around two and a half times more than the government finally received …
Read More »Householders face bombardment of cold calls under Royal Mail plans – Telegraph.co.uk
The Times (subscription) Householders face bombardment of cold calls under Royal Mail plansTelegraph.co.ukIn a significant escalation of Royal Mail's direct marketing business, the organisation plans to put barcodes on letters, allowing their progress to be tracked by firms. Using this technology, which will let its customers know the precise day …
Read More »BRIEF-Royal Mail says Singapore’s GIC stake in co above 4 pct – Reuters
BRIEF-Royal Mail says Singapore's GIC stake in co above 4 pctReutersRelated Topics. Private Capital » · Financials ». Fri Oct 25, 2013 8:49am EDT. Oct 25 (Reuters) – Royal Mail PLC : * Gic pvt ltd raises stake in Royal Mail to above 4 percent. Private Capital · Financials … More: …
Read More »Ask the boss: Royal Mail sale will help stamp out Britain’s debt culture – Express.co.uk
Ask the boss: Royal Mail sale will help stamp out Britain's debt cultureExpress.co.ukThe chief executive of Hargreaves Lansdown saw the benefits and pitfalls of the company's role in handling the huge public demand for Royal Mail shares. While Hargreaves added 20,000 clients over the third quarter – up nearly 200 …
Read More »Panmure says Royal Mail shares still have upside – Evening Standard
Panmure says Royal Mail shares still have upsideEvening StandardPanmure was the only stockbroker to speak out before Royal Mail shares started trading, saying they were worth much more than the Government's 330p tag. That angered Business Secretary Vince Cable so much that he described it as an “outlier”, adding: … More: …
Read More »Royal Mail share price prohibitive for Active Income Portfolio – Interactive Investor
Royal Mail share price prohibitive for Active Income PortfolioInteractive InvestorThe privatisation of Royal Mail (RMG) marked a small but useful addition to the active income portfolio. Two market certainties fuelled the sale: the fact that Royal Mail is a familiar asset viewed with some affection, so demand from small investors …
Read More »Royal Mail shares rise again as Panmure puts £5.7bn valuation on business – The Guardian
IBTimes.co.uk Royal Mail shares rise again as Panmure puts £5.7bn valuation on businessThe GuardianThe new regulatory framework (from March 2012) gives Royal Mail significantly greater commercial freedom to set prices for its services. Access mail, which used to be significantly lossmaking, became profitable last year and, with only 5% of …
Read More »Royal Mail: Government of SINGAPORE is the second biggest private owner of our postal service
The new comes as a top analyst valued Royal Mail at £5.7billion – £2.4bn more than the Government’s ill-fated estimate. More: continued here
Read More »Singapore buys 4pc of Royal Mail – Telegraph.co.uk
Telegraph.co.uk Singapore buys 4pc of Royal MailTelegraph.co.ukA regulatory announcement shows GIC bought more shares yesterday that took its stake over the 4pc disclosure threshold. Royal Mail's shares climbed 4.9pc on Friday to close at another high of 555p, despite the threat of strike action by postal workers.Royal Mail: Government of …
Read More »TCI fans flames over Royal Mail – Financial Times
TCI fans flames over Royal MailFinancial TimesOne of the world's most aggressive hedge fund activists has taken a 5 per cent stake in Royal Mail, fanning the flames of a political furore over whether the 500-year-old company was sold too cheaply. The Children's Investment Fund disclosed a holding … More: …
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