Royal Mail

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IBTimes.co.uk Royal Mail: CWU's Billy Hayes Claims 'No Evidence' Strike Threat Hurt Offer PriceIBTimes.co.ukBilly Hayes, general secretary of the Communication Workers Union, has hit back at claims by investment banks UBS and Goldman Sachs that the threat of industrial action at Royal Mail dented its valuation ahead of its flotation onto the London Stock … More:…

Goldman Sachs and UBS, who advised ministers on the privatisation, were accused of misleading the Government by selling the company too cheaply         More: continued here

IBTimes.co.uk Royal Mail: UBS Claims CWU Dispute 'Major Risk Factor' to Offer Share PriceIBTimes.co.ukRoyal Mail's industrial dispute with the Communication Workers Union was "the major risk factor" weighing down on the historic firm's offer price in its flotation onto the London Stock Exchange, according to one of the senior bankers advising the … More: continued…

Telegraph.co.uk Bankers 'misled' taxpayers on Royal Mail valuation, say MPsTelegraph.co.ukThe Committee had called bankers from six institutions who had valued Royal Mail before its flotation. John Mayne, managing director from JP Morgan, said his team had valued Royal Mail at between £6.8bn and £8.5bn in its pitch for the business in May. More: continued here

Royal Mail Sale Has 'Cost The Taxpayer', Warns Tory MPHuffington Post UKBrian Binley, Tory member of the Business select committee, accused Goldman Sachs and UBS, the banks which advised the government on valuing Royal Mail at 330p a share, of not offering "helpful" advice. Speaking as officials from the banks were grilled … More: continued here

bankers said Britain could not have sold the Royal Mail The two banks, which led Royal Mail's London stock market listing, were summoned before a parliamentary committee on Wednesday to explain why they had priced the near 500-year old firm so far below its current market value. Royal Mail's shares have rocketed by as much…

Daily Mail Banks accused of costing the taxpayer millions by selling off Royal Mail too …Daily MailThe banks which advised the government on selling Royal Mail were today accused of failing taxpayers. MPs claimed 'intelligence gathering' on what investors would pay for the postal firm was flawed and ministers were wrongly told that shares could…

Telegraph.co.uk Royal Mail's"fair value" is 466pInteractive InvestorRoyal Mail (RMG) should benefit from numerous tailwinds going forward, but its 68% gain in share price since listing fully reflects this, according to analysts at Barclays. Following milestone regulatory changes and a landmark pension agreement, the …12.3 Reasons That May Make Royal Mail Group plc A BuyMotley Fool…

Royal Mail shares dip as flotation advisor's analysts issue sell noteThe GuardianOn the day MPs quizzed bankers over the Royal Mail flotation price, the company's shares have fallen 1.5% as a stream of City research was released. Analysts at UBS – which was one of the banks up before the select committee – issued a…