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
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
Royal Mail row fails to dim IPO resurgenceFinancial TimesThe UK government's controversially priced privatisation of Royal Mail has thrown the spotlight on the London Stock Exchange's appetite for initial public offerings. London's momentum was maintained this week with the eagerly-awaited announcement that …and more » More: continued here
Royal Mail Group Ltd., Britain’s 360-year-old postal service, closed 38 percent higher on its trading debut, heightening criticism of an initial public offering that opposition politicians say was underpriced. More: continued here
Jim Armitage: There's no froth on Royal Mail shares – taxpayers have been …The IndependentOutlook Another day, another £380m added to the stock market value of the Royal Mail. Or, to put it another way, yesterday's rise in the shares to 537p means Royal Mail was sold for £2bn less than its true worth. A…
Profits in the post: Will activist investor Chris Hohn stamp his authority on …This is MoneyThe hedge fund's accounts are complex, and the group has multiple subsidiaries and other entities. While the group that bought the Royal Mail shares is called The Children's Investment Fund Management (UK), payments to charities are made by another ……
Watchdog to probe Royal Mail saleCambridge NewsThe NAO said: "Given the scale and significance of what has been the first public offering for many years of shares in a publicly owned company, the National Audit Office will be conducting a value for money examination of the privatisation of Royal… More: continued here
Royal Mail sell-off to be probed by National Audit OfficeFinancial TimesThe National Audit Office is to carry out a value for money examination of the Government's privatisation of the Royal Mail. The announcement from the spending watchdog came amid a continuing row over whether the postal company was sold off too cheaply … More: continued here
Watchdog to probe Royal Mail saleBelfast TelegraphThe NAO said: "Given the scale and significance of what has been the first public offering for many years of shares in a publicly owned company, the National Audit Office will be conducting a value for money examination of the privatisation of Royal… More: continued here
Watchdog to probe Royal Mail saleexpressandstar.comThe NAO said: "Given the scale and significance of what has been the first public offering for many years of shares in a publicly owned company, the National Audit Office will be conducting a value for money examination of the privatisation of Royal… More: continued here
Wednesday Papers: TCI stake stirs Royal Mail furoreCitywire.co.ukTop stories. Financial Times: The Children's Investment Fund, one of the world's most aggressive hedge fund activists, has taken a 5% stake in Royal Mail, fanning the flames of a political furore over whether the 500-year-old company was sold too cheaply. More: continued here