The Guardian Britain set to price Royal Mail sale at top of range: sourcesReutersThe privatization, which at the top of the expected price range would value Royal Mail at 3.3 billion pounds ($5.3 billion), is Britain's biggest since John Major's Conservative government sold the railways in the 1990s. The stock market offering has …Royal Mail…
Telegraph.co.uk Royal Mail: early takeover could mean bigger gains for investorsTelegraph.co.ukRoyal Mail could be taken over after it floats because a large percentage of its shares are likely to end up with short-term investors such as overseas institutions and hedge funds, senior City figures say. The choice of Goldman Sachs to lead, with … More:…
Britain is on track to sell shares in Royal Mail at the top of its range, two sources close to the deal said. More: continued here
Last minute rush to buy 'undervalued' Royal Mail shares as investors sense …The IndependentIG Index, a spread-betting company, expects Royal Mail's closing price on Friday, the first day of conditional trading, to be between 392p and 412p. As a result hedge funds, investment banks and private investors will enjoy an instant profit of as much…
Royal Mail is expected to deliver the Government's highest sale price, with the historic share offer set to close 15 times over-subscribed. More: continued here
Telegraph.co.uk Millions to profit from Royal Mail shares as Labour insists sale too cheapTelegraph.co.ukHe said: “We opened the offer up to the public so they could have a chance to own shares in Royal Mail and have indicated that around 30 per cent of shares will go to them. “No decisions have been taken on…
The Guardian Royal Mail IPO could leave public purse royally short-changedThe GuardianThe idea that Royal Mail's shares could trade above 400p on day one should be treated with care. A grey market operated by a City spread-betting firm is not the real thing: volumes can be light and sentiment can shift suddenly. Come Friday, the…
Britain is on track to sell shares in Royal Mail at the top of its range, two sources close to the deal said. More: continued here
Royal Mail shares: cheapest ways to buy and sellTelegraph.co.ukIf you are thinking of buying Royal Mail shares but have never bought shares before, you probably want to know how the process of buying and selling works – and what the costs are. Normally, in addition to the cost of the shares themselves, you pay a…
The Guardian Royal Mail Hopefuls Said to Miss Out With IPO Pricing at TopBloombergRoyal Mail Group Ltd.'s initial public offering is significantly oversubscribed and many institutional investors that applied to take part will get no allotment, two people familiar with the sale process said. Share orders priced below the maximum 330 …Royal Mail IPO: ministers…