Yahoo!7 News UK Names UBS and Goldman Sachs to Lead Royal Mail SaleBloombergThe planned sale of Royal Mail will be the largest privatization in Britain since former Prime Minister John Major broke up the country's railway more than a decade ago. The 360-year-old company, one of the nation's biggest employers …
Read More »Government appoints banks for Royal Mail listing
LONDON (Reuters) – The government has appointed Goldman Sachs and UBS as the lead banks to run a London stock market listing of Royal Mail. The initial public offering (IPO) is expected to take place later this year and could value the state-owned business at 2-3 billion pounds ($3-4.5 billion), …
Read More »Royal Mail’s 3.0bn-pound IPO gathers momentum
Business Minister Michael Fallon said in a statement that the investment banking pair will act as joint global co-ordinators and joint bookrunners, with Barclays and Bank of America Merrill Lynch taking on joint bookrunning duties. More: continued here
Read More »City Spy: Royal Mail to serve up choice cuts – Evening Standard
Evening Standard City Spy: Royal Mail to serve up choice cutsEvening StandardIt means shoppers can buy things online and pick 'em up from the Post Office… saving Royal Mail a lot of time and money shlepping parcels to people's doors. “Royal Mail is committed to providing a range of options …
Read More »News roundup–Dwell, Asos, Royal Mail, more – Catalogue e-business
News roundup–Dwell, Asos, Royal Mail, moreCatalogue e-businessA separate study, commissioned by Royal Mail, reveals that the number of “pure-play” online retailers in the UK has more than doubled in the past five years from 6,700 in 2008 to 14,400 in 2012. The online-only retail sector also made a £2.2 billion …
Read More »Ministers Hire Banks To Lead Royal Mail Sell-Off
The Government is finalising negotiations to hire bankers to work on the £2.5bn flotation of Royal Mail as Britain's biggest privatisation for a generation edged closer. Sky News understands that ministers … More: continued here
Read More »Royal Mail to occupy Beckton site – SHD Logistics
Royal Mail to occupy Beckton siteSHD LogisticsThe Aviva Investors Pensions Ltd – Property Fund (AIPL) has completed the letting of unit 1, Gemini Business Park, Beckton to The Royal Mail who have taken a 15-year lease of the 111,000 sq ft unit. The property was acquired in April 2011 for …
Read More »Royal Mail rides the e-commerce wave to the stock market – Transport Intelligence
Royal Mail rides the e-commerce wave to the stock marketTransport IntelligenceJust a few years ago, national post office monopolies such as Royal Mail looked obsolete; with little or no future prospects. Now, both Royal Mail and Belgium's bpost are sparking excitement over their forthcoming stock market flotations. What has changed? …
Read More »Aviva completes 110000 Royal Mail letting – Property Week News
Aviva completes 110000 Royal Mail lettingProperty Week News“The absence of any prime built stock within the M25 on the east side of the London, coupled with an excellent and rapid refurbishment, led to immediate interest from Royal Mail for its Parcelforce business and underlines the continued growth within … More: …
Read More »Royal Mail To Offer Click And Collect Service – Sky News
Royal Mail To Offer Click And Collect ServiceSky NewsThe Royal Mail is to keep some post office branches open late as part of a new service aimed at helping customers get their internet-ordered parcels outside of working hours. The company said it will be the biggest service of its kind, …
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