Royal Mail Privatisation: CWU Union Demands Vince Cable's ResignationHuffington Post UKVince Cable has been urged to resign by the Communication Workers' Union (CWU) after it emerged that the Royal Mail had been valued at £9.95bn ahead of its stock market flotation, nearly three times the £3.3bn finally chosen. CWU general …
Read More »Royal Mail ‘Undervalued By Up To £6bn’ – Sky News
Daily Mail Royal Mail'Undervalued By Up To £6bn'Sky NewsSky News has learnt that corporate financiers from the Wall Street banking giant presented a spectrum for Royal Mail's value ranging from £7.75bn to £9.95bn – the top end of which was more than two-and-a-half times the price at which ministers …Jim …
Read More »Royal Mail: Campaigners fear secretive hedge fund will ‘interfere’ with postal … – Mirror.co.uk
Royal Mail: Campaigners fear secretive hedge fund will 'interfere' with postal …Mirror.co.ukCritics have voiced fears about a secretive hedge fund which has become Royal Mail's biggest private shareholder. TCI bought a 5.8% stake worth £312million – up £22m in a day – and hasn't ruled out buying more. The London-based …
Read More »Royal Mail shares: hedge fund takes biggest private stake – The Guardian
The Guardian Royal Mail shares: hedge fund takes biggest private stakeThe GuardianTCI's stake in Royal Mail came to light under stock market rules obliging investors to report holdings greater than 5%, and was seized on by government critics who argue that the business secretary failed small investors by selling the …
Read More »Royal Mail May Have Been Undervalued By Billions
JPMorgan told the Government earlier this year that it believed Royal Mail could be worth up to £10bn, including its debts, ahead of the postal operator's privatisation. Sky News has learnt that corporate … More: continued here
Read More »Royal Mail Privatisation: CWU Union Demands Vince Cable's Resignation
Vince Cable has been urged to resign by the Communication Workers' Union (CWU) after it emerged that the Royal Mail had been valued at £9.95bn ahead of its stock market flotation, nearly three times the £3.3bn finally chosen. CWU general secretary Billy Hayes said: "We now have a prima facie …
Read More »Bank Pitched Near-£10bn Value For Royal Mail – Sky News
Bank Pitched Near-£10bn Value For Royal MailSky NewsSky News has learnt that corporate financiers from JP Morgan presented a spectrum for Royal Mail's value ranging from £7.75bn to £9.95bn, the top end of which was more than two-and-a-half times the price at which ministers ultimately sold shares in the …Royal Mail …
Read More »Royal Mail advice fees ‘favourable’ – expressandstar.com
Royal Mail advice fees 'favourable'expressandstar.comFees paid to the company responsible for "under-valuing" Royal Mail compare favourably to similar deals agreed by the Labour Party, Business Minister Michael Fallon has said. 4f00ca46-3c97-11e3-9678-0a0c02230000 Michael Fallon said it is 'far too early …Murray, I – Royal MailDeHavilland (press release) (subscription)all 5 news articles » …
Read More »Bank Pitched Near-£10bn Value For Royal Mail – Yahoo News UK
Bank Pitched Near-£10bn Value For Royal MailYahoo News UKThe Wall Street banking giant JP Morgan told the Government earlier this year that it believed Royal Mail could be worth up to £10bn, including its debts, ahead of the postal operator's privatisation. Sky News has learnt that corporate financiers from … …
Read More »Royal Mail advice fees 'favourable'
Fees paid to the company responsible for "under-valuing" Royal Mail compare favourably to similar deals agreed by the Labour Party, Business Minister Michael Fallon has said. More: continued here
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