BBC News UK's Royal Mail privatization subscribed in hours: sourcesReutersLONDON (Reuters) – Britain's Royal Mail privatization garnered orders for all of the shares on offer in the space of a few hours on Friday, sources said, marking a strong start for a selloff that stands to flush up to 2 billion pounds ($3.2 billion …Royal…
Marks a strong start for a selloff that stands to flush up to $3-billion into government coffers More: continued here
The Guardian Roundup: should the Royal Mail be privatised?The GuardianCuts are inevitable if the buyer seeks large returns: Royal Mail makes relatively small margins and is facing an increasingly competitive environment. It can only return large dividends by cutting services that lose money – e.g in rural areas. The … More: continued here
The company has announced a price range for its shares in the forthcoming flotation. Are they a bargain? More: continued here
Richard Evans and John Ficenec on the crucial numbers that suggest investors may end up with bargain high income shares. More: continued here
Post office rate hikeFox NewsMight want to start investing in some forever stamps because it could cost nearly half a buck to mail a letter next year. The post office seeking to raise the price of first class postage by three cents to a total of 49 cents. Postmaster general …and more » More: continued here
Herald Scotland £3.3bn: Royal Mail's value on privatisationHerald Scotland£3.3bn: Royal Mail's value on privatisation. Friday 27 September 2013. Royal Mail will be valued at up to £3.3 billion when its controversial privatisation takes place next month, the Government said today. Royal Mail will be valued at up to £3.3 … More: continued here
Britain's Royal Mail to be valued at up to $5.3 bln in share saleReutersLONDON, Sept 27 (Reuters) – The British government said on Friday it would offer shares in state-owned Royal Mail at between 260 pence and 330 pence each in its London listing, valuing the company at as much as 3.3 billion pounds ($5.28…
Royal Mail valued at $5.3 billion ahead of IPOWTOPLONDON (AP) — Britain's government says 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. Shares are expected to be priced at between 260 pence and 330 … More: continued…
Royal Mail, Britain’s 360-year-old postal service, is to be valued as much as $5.3 billion in its initial public share sale scheduled for next month, the government said on Friday. More: continued here