Bankers grilled on Royal Mail sale
Bankers who arranged the Royal Mail share sale in October face tough questions from MPs over whether the share price was set too low. More: continued here
Bankers who arranged the Royal Mail share sale in October face tough questions from MPs over whether the share price was set too low. More: continued here
IBTimes.co.uk Royal Mail Shares: UBS Sets 450p Target Price and 'Sell' Rating Ahead of MPs …IBTimes.co.ukUBS has set a target price of 450p for Royal Mail shares and is advising investors in the stock to sell their holdings ahead of the investment bank's appearance in front of a parliamentary committee. UBS will be questioned over…
Business Select Committee MPs accuse Goldman Sachs and UBS of giving "wrong" advice to the Government over the historic sell off More: continued here
MP slams banks over Royal Mail saleexpressandstar.comA Conservative MP today attacked banks involved in the Government's controversial privatisation of Royal Mail, claiming the deal had cost taxpayers money. 8cbaba28-51d6-11e3-ab81-0a0c02230000 Richard Cormack, of Goldman Sachs, who told MPs that … More: continued here
Government adviser UBS tells MPs Royal Mail tipped off bank that pay dispute unlikely to be resolved, hurting firm’s valuation. More: continued here
Belfast Telegraph Royal Mail sale valuation 'debacle'Belfast TelegraphThe Government has been urged to withhold any more payments to banks which advised it on its controversial privatisation of the Royal Mail amid continuing complaints that the taxpayer has lost hundreds of millions of pounds over the sell off. More: continued here
The investment bank which proposed a near-£10bn valuation for Royal Mail defended its approach on Wednesday, saying it had not had access to inside information and had taken a bullish view of the company's prospects. More: continued here
Today I am outlining why I believe that Royal Mail Group still offers great value for money for those seeking excellent earnings growth. Primed to post steady earnings growth Shares in Royal Mail (LSE: RMG.L – news) have exploded since flotation back in mid-October, gaining more than 67% in little over a month from a…
RESEARCH ALERT-Royal Mail: Barclays starts with equal weightReutersNov 20 (Reuters) – Royal Mail PLC : * Barclays starts with equal weight rating; target price 466p For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on Reuters 3000Xtra users, double-click Thomson … More: continued here
UBS has told clients to 'sell' their shares in Royal Mail, saying the postal service is now over-valued. More: continued here