The Guardian Clamour to buy Royal Mail shares as analysts predict price to rise to £4.50 eachDaily MailRoyal Mail's implied dividend yield for the year ending March 31, 2014 is calculated at between 6.1 per cent and 7.7 per cent on the basis of the expected offer price range of between 260p and 330p per…
Telegraph.co.uk Royal Mail property windfall 'would go to shareholders'Telegraph.co.ukChris White, the head of UK equities at Premier Asset Management, said: "When I met Royal Mail's chief executive and finance director earlier this week, I asked them whether the pension fund would have a claim on the proceeds of asset sales. I received … More: continued…
Royal Mail Said to Narrow IPO Price Toward Top of Guidance (1)BusinessweekThe privatization of 360-year-old Royal Mail will be the biggest in the U.K. since former Prime Minister John Major broke up British Rail in the 1990s, and while letter volumes are falling, the business has refocused on those markets spurred by a trend ……
Royal Mail and Twitter: a tale of two salesThe GuardianThe upcoming flotations of the Royal Mail and Twitter offer some fascinating contrasts – and one key, troubling similarity. The differences are easy to spot. Start with market value. Shares of Twitter will go on sale in November at a price that makes … More: continued…
Evening Standard Royal Mail sale set for resounding success as demand rocketsEvening StandardThe £3 billion privatisation of Royal Mail is set to be a resounding success next week as the banks leading the share offer today pushed the likely price towards the top of the original range. The investment banks, led by Goldman Sachs and…
Crown could disappear from Britain's stamps when Royal Mail is privatisedMirror.co.ukSymbols of Britain's monarchy could disappear from Royal Mail stamps and post boxes when the firm is privatised, it has been revealed. The firm has admitted it may lose the right to use royal symbols, including the Queen's E II R royal cypher on post…
BBC News Royal Mail shares set to be priced at top endBBC NewsDemand for Royal Mail shares is high enough for the government to be able to sell them near the top of its hoped-for price band. The government had priced the shares at between 260-330p, but demand is outstripping supply and they will be…
UPDATE 1-Royal Mail to price sale at upper end of range-sourcesReutersLONDON Oct 4 (Reuters) – Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said on Friday, potentially valuing the company at up to 3.3 billion pounds…
Royal Mail Sale 'Rush' Fears As Delivery Offices, Mail Centres Could Be SoldHuffington Post UKMinisters have been accused of rushing to sell Royal Mail"on the cheap" as the firm is set to rake in billions from selling a number of mail centres and delivery offices. Members of the Communication Workers Union are currently voting on…
Privatisation could leave Royal Mail customers trecking miles for their mailLeft Foot ForwardThe privatisation of Royal Mail could leave many customers having to treck miles to collect their mail, as buildings in prime locations are sold to give investors a windfall, according to warnings from Labour. Royal Mail 2 The prospectus for Royal Mail … More:…