Royal Mail privatisation pushes envelope
Britain’s Royal Mail, a traditional part of British life that can trace its history back 500 years to the days of Henry VIII, is to be privatised. More: continued here
Britain’s Royal Mail, a traditional part of British life that can trace its history back 500 years to the days of Henry VIII, is to be privatised. More: continued here
Royal Mail IPO Could DeliverWall Street Journal (blog)A heavily unionized utility in the snail-mail business hardly seems an ideal float candidate. Add in a mélange of politics—inevitable in what will be the U.K.'s biggest privatization in more than 20 years—and an initial public offering of Royal Mail… More: continued here
UK to list Royal Mail, woos workers with free sharesChicago TribuneAnalysts expect the initial public offering (IPO) to value Royal Mail, which traces its roots to a service founded by King Henry VIII in 1516, at 2-3 billion pounds ($3-$4.5 billion), so selling a majority stake could raise over 1 billion pounds to … More:…
Royal Mail sale: staff in Manchester insist privatisation is wrong moveThe GuardianThey had mountains of letters to sift through, most of which had been dropped off by rival companies, such as TNT, the winners of outsourcing deals involving picking up mail from Barclays, Matalan and other big firms (the sort of contracts many Royal… More:…
Ministers keep options open on Royal Mail sell-offFinancial TimesMinisters are keeping open the option of selling off the whole of Royal Mail in one go as they seek to build investor enthusiasm for Britain's most ambitious privatisation in two decades. Ministers pledged on Wednesday to enlist the public as well as … More: continued here
MINISTERS were accused of trying to “buy off” angry Royal Mail staff yesterday after unveiling privatisation plans that would see them handed thousands of pounds in free shares. More: continued here
LONDON (AP) – The Royal Mail can trace its history back 500 years to the time of Henry VIII and its bright red “pillarboxes” grace streets across the UK – from the Scilly Isles to Scotland. More: continued here
Q&A: Royal Mail privatisationBBC NewsBusiness Secretary Vince Cable has confirmed that the government intends to privatise Royal Mail though a flotation on the London Stock Exchange. He said 10% of shares would be given to Royal Mail employees, while the public would also be able to buy … More: continued here
LONDON (AP) – The Royal Mail can trace its history back 500 years to the time of Henry VIII and its bright red “pillarboxes” grace streets across the UK – from the Scilly Isles to Scotland. More: continued here
The British government’s plans to sell a majority stake in Royal Mail would be the biggest privatization in the country since the railroads 20 years ago. More: continued here