Home / Royal Mail / Government loses £500m on failing to sell Royal Mail shares in March – Yahoo Finance UK

Government loses £500m on failing to sell Royal Mail shares in March – Yahoo Finance UK

admin August 19, 2014 Royal Mail Leave a comment 153 Views

Government loses £500m on failing to sell Royal Mail shares in March
Yahoo Finance UK
LONDON (ShareCast) – The UK government opted against selling its entire stake in Royal Mail (LSE: RMG.L – news) when shares were trading near a post-privatisation high, in order to avoid breaking a lockup agreement and upsetting City investors.

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