Banks get slim fees for privatisation of UK's Royal MailReutersLONDON, Sept 27 (Reuters) – The investment banks working on the privatisation of Britain's Royal Mail postal service stand to share a maximum fee pot of just under 24 million pounds ($38.4 million), around a third below the typical amount for a similar … More: continued…
Royal Mail Valued at $5.3 BillionWall Street JournalLONDON—The U.K. government said Friday it would sell a majority stake in Royal Mail Group Ltd. in an initial public offering that values the state-owned postal service at as much as £3.3 billion ($5.29 billion), marking the biggest privatization in … More: continued here
The Lewes Preserve Our Post Office project is turning heads as workers transform landscaping so visitors and residents can see and appreciate the building’s outstanding architecture. Lewes resident Bruce Chandler, a professional woodworker, asked friends J. Kevin McBride and Tim Cisco if they would help him. McBride, a landscape architect and owner of Lewes-based Renaissance…
WASHINGTON–Sept. 26, 2013: FedEx Racing driver Denny Hamlin will be honored with the "Champion for Babies" award at Thursday night's March of Dimes Volunteer Leadership Conference dinner and gala in Washington, D.C. More: continued here
International Business Times eBay Pays $800 Million for Payments Service, BraintreeForbes14 months ago, the CEO of Chicago-based Braintree, a Web and mobile payment processing service, told me that he thought his company could be worth $1 billion. On September 26, he got 80% of the way there when eBay announced a deal to pay $800 …eBay…
NEW YORK (TheStreet) — While in Sheffield, England recently, I decided to mail our vacation presents back home rather than hauling them on the plane. So we visited the Royal Mail. We didn't go to a stale government office, but to a brightly lit section of a local department store, which is open during store…
BBC News Royal Mail sold todayBBC NewsWithin a few hours, any of us will be able to apply for Royal Mail shares – either online, with a pack obtained at a post office or through a financial specialist. And the process of offering shares to big investors will also begin. So it is a historic…
EBay's $800M Braintree Deal Expands Mobile PaymentsBloomberg26 (Bloomberg) — David Marcus, President at Paypal, offers details on EBay's boost to its mobile payments business with the purchase of Braintree for $800 million in cash. He speaks on Bloomberg Television's “Bloomberg West.” Please enable JavaScript … More: continued here
E-commerce giant eBay Inc. is doubling up a data center in South Jordan and deploying new technology to power it. San Jose, Calif.-based eBay is opening a new addition at the data center and using Bloom … More: continued here
LONDON (AP) — The British government said Friday that Royal Mail will be valued at up to 3.3 billion pounds ($5.3 billion) when it sells a majority stake in the 500-year-old service next month. More: continued here