Royal Mail Privatisation: Shares 'May Reach 450p' in IPO
CWU says strikes are likely if its members vote for industrial action over the sell-off. More: continued here
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eBay Insertion Fees Catch Belgian Sellers by Surprise – EcommerceBytes (blog)
eBay Insertion Fees Catch Belgian Sellers by SurpriseEcommerceBytes (blog)In my country there is no Amazon or other e-commerce sites Ebay has to compete with, but we have a few very popular classified ads sites. One of these sites is even more popular than Ebay. So as Ebay often does a few months ago they've bought…
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eBay call center hiring for holidays
To help with the holiday buying craze, online retailer eBay will hire 1,000 people for its Melbourne call center. More: continued here
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Royal Mail property windfall 'would go the shareholders'
Royal Mail bosses have confirmed that the company's pension fund would not claim money from the sale of disused sorting offices, worth £500m. More: continued here
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Royal Mail to sell off at top of valuation: report
LONDON (MarketWatch) — Heavy demand for shares in Royal Mail means the U.K. government will likely be able to sell the state-owned postal service at the top end of its estimated price range. It can expect to get between £3.00 and £3.30 ($4.81 and $5.30) a share, institutional investors heard Friday, the Financial Times reported….
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Sorry, ma’am, but Royal Mail sell-off means no more crowning glory – The Independent
Sorry, ma'am, but Royal Mail sell-off means no more crowning gloryThe IndependentIt could be a bad heir day for Royal Mail. The postal giant has admitted it may lose the right to use symbols of the monarchy including the E II R royal cypher on post boxes and the crown on stamps after its £3bn…
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Royal Mail to price sale at upper end of range
Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said today, potentially valuing the company at up to £3.3 billion (US$5.34 billion). The sale of as much as 60 per cent of Royal Mail is now expected…
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Royal Mail Said to Narrow Pricing of IPO to Top of Range
The U.K. government is offering shares of Royal Mail Group Ltd. at a price of 300 pence to 330 pence ($4.84-$5.33) apiece amid strong demand for the initial public offering, two people familiar with the matter said. More: continued here
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Royal Mail to price sale at upper end of range-sources – Reuters UK
BBC News Royal Mail to price sale at upper end of range-sourcesReuters UKLONDON (Reuters) – Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said on Friday, potentially valuing the company at up to 3.3 billion pounds….
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Royal Mail to price sale at upper end of range-sources
By Kylie MacLellan LONDON (Reuters) – Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said on Friday, potentially valuing the company at up to 3.3 billion pounds. The sale of as much as 60 percent of…