Royal Mail

FT Adviser Hargreaves Lansdown braces itself for Royal Mail demandFT AdviserHargreaves Lansdown is advising interested investors to take advantage of the narrow window for buying shares in Royal Mail. Royal Mail IPO share offer opens later today (27 September) with the price range set at £2.60p to £3.30p per share, …

Banks get slim fees for privatisation of UK's Royal MailReutersLONDON, Sept 27 (Reuters) – The investment banks working on the privatisation of Britain's Royal Mail postal service stand to share a maximum fee pot of just under 24 million pounds ($38.4 million), around a third below the typical amount for …

Royal Mail Valued at $5.3 BillionWall Street JournalLONDON—The U.K. government said Friday it would sell a majority stake in Royal Mail Group Ltd. in an initial public offering that values the state-owned postal service at as much as £3.3 billion ($5.29 billion), marking the biggest privatization in … More: continued …

NEW YORK (TheStreet) — While in Sheffield, England recently, I decided to mail our vacation presents back home rather than hauling them on the plane. So we visited the Royal Mail. We didn't go to a stale government office, but to a brightly lit section of a local department store, …

BBC News Royal Mail sold todayBBC NewsWithin a few hours, any of us will be able to apply for Royal Mail shares – either online, with a pack obtained at a post office or through a financial specialist. And the process of offering shares to big investors will also begin. …

LONDON (AP) — The British government said Friday that Royal Mail will be valued at up to 3.3 billion pounds ($5.3 billion) when it sells a majority stake in the 500-year-old service next month. More: continued here

BBC News UK's Royal Mail privatization subscribed in hours: sourcesReutersLONDON (Reuters) – Britain's Royal Mail privatization garnered orders for all of the shares on offer in the space of a few hours on Friday, sources said, marking a strong start for a selloff that stands to flush up to 2 …

Marks a strong start for a selloff that stands to flush up to $3-billion into government coffers More: continued here

The Guardian Roundup: should the Royal Mail be privatised?The GuardianCuts are inevitable if the buyer seeks large returns: Royal Mail makes relatively small margins and is facing an increasingly competitive environment. It can only return large dividends by cutting services that lose money – e.g in rural areas. The … …

The company has announced a price range for its shares in the forthcoming flotation. Are they a bargain? More: continued here