The Wall Street banking giant Goldman Sachs landed a plum role on Wednesday advising on the £2.5bn flotation of Royal Mail, the biggest British privatisation in decades. The Government confirmation came … More: continued here
Royal Mail privatisation criticisedshropshirestar.comHe said: "Preparations for the sale of shares in Royal Mail continue to build momentum and these appointments represent another important step towards a sale of shares this financial year. "While all options for the form of sale remain open, it is … More: continued here
Strike action needed to save Royal MailSocialist PartyA gigantic battle is currently underway at Royal Mail as to who should run this 497 year old service. The coalition government and fat cat bosses are in the process of carving up and selling off the postal service to the highest bidder, while the … More: continued…
Ministers Hire Banks To Lead Royal Mail Sell-OffSky NewsCity bankers will receive a fraction of their usual fees in exchange for landing the mandate to work on the £2.5bn flotation of Royal Mail, Britain's biggest privatisation for a generation. Sky News understands that ministers will announce on Wednesday … More: continued here
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 with about 159,000 …Ministers Hire…
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), making it Britain's biggest privatisation…
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
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 to enhance delivery convenience and…
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 … More: continued here
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