Royal Mail sets IPO price range – IG

Royal Mail sets IPO price rangeIGIf our Royal Mail grey market is any indication, it seems likely that many investors will be eager to take up an allocation in the float. Our client-led trading has seen the inferred valuation of the company reach £3 billion, as the vast majority of …

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Ebay buys Braintree to invigorate PayPal – Financial Times

Ebay buys Braintree to invigorate PayPalFinancial TimesEbay is paying $800m in cash for online payments platform Braintree, as it seeks to compensate for slow innovation by its own payments arm, PayPal. The deal will increase eBay's reach on mobile devices and among consumers that do not have a dedicated … More: …

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