COMMENT: Investors have 10 days to sign up for Royal Mail shares, so what are …This is MoneyRoyal Mail will make its debut on the markets on October 11 following its controversial flotation by the Government, with shares expected to be priced at between 260p and 330p. Individuals interested in investing now have the opportunity…
The Guardian Post office staff begin strike over shakeup 'hidden' by Royal Mail sell-offThe GuardianMary Rogers has worked at the Post Office all her life. When she started behind the counters in 1971, aged 16, Edward Heath was in Downing Street and you could buy a stamp, with freshly minted decimal coins, for 3p. Many…
BBC News Royal Mail shares to be sold before possible strikesBBC NewsRoyal Mail shares are to be sold by mid-October, before postal workers have a chance to strike over the move. The company is valued at £2.6bn to £3.3bn, the government said on Friday. The Department for Business said Royal Mail would list on the…
Daily Mail Royal Mail to sell £3billion worth of shares before staff get chance to strike …Daily MailRoyal Mail warned yesterday: 'Potential investors should assume that national strike action and other forms of industrial action will take place across the whole of the group's activities during the period immediately after, and may take place during…
Royal Mail privatisation rushed by Government to rake in £2billion before …Mirror.co.ukThe Government is set to rake in £2billion from a rushed sale of the Royal Mail. Ministers snubbed thousands of workers by announcing plans to complete the hated sell-off before a threatened strike can take place. Meanwhile, critics who warned the sale … More: continued…
Strong investor interest in Royal Mail floatFinancial TimesBritain's Royal Mail has received enough orders for all the shares on offer in its stock market flotation within hours of order books opening, suggesting that interest from institutions will be enough to overcome the threat of strikes. The UK … More: continued here
Members of the public who want a stake in the postal service must buy shares worth at least £750, and have until October 8 to register their interest. More: continued here
Telegraph.co.uk Royal Mail privatisation oversubscribed within hoursTelegraph.co.ukThe Government announced plans to divest up to 70pc of Royal Mail within two weeks on Friday morning and demand from institutions and private investors was said to be extrememly high after the prospectus was published later in the day. Investors have … More: continued here
Telegraph.co.uk Royal Mail privatisation shares: A list of stockbrokers and their costsTelegraph.co.ukThe Government's plans to float the Royal Mail were formalised with the publication of the prospectus yesterday. Between 40.1pc and 52.2pc of the company will be offered, or between 401 million and 521 million shares, although this could be increased … More: continued here
Royal Mail Valued at $5.3 Billion Ahead of IPOABC NewsThe British government said Friday that Royal Mail will be valued at up to 3.3 billion pounds ($5.3 billion) when it sells a majority stake in the 500-year-old service next month. Shares are expected to be priced at between 260 pence and 330 pence … More:…