Royal Mail sell-off hits new hurdle – Financial Times

ITV.com Royal Mail sell-off hits new hurdleFinancial Times, UK – Jean EagleshamBy Jean Eaglesham, Chief Political Correspondent Gordon Brown suffered another setback to his plans to part-privatise Royal Mail on Wednesday, as one of the front-runners to buy a stake in the state-owned postal operator pulled out of the bidding. …Haggling puts privatisation …

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Haggling endangers Royal Mail plan (Guardian Unlimited)

The planned part privatisation of Royal Mail was plunged into further disarray tonight after it emerged that the frontrunner, the Dutch firm TNT, was refusing to match the government’s valuation of the business. Government officials from Lord Mandelson’s business department involved in the auction process are also understood to have …

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eBay’s Vancouver Facility To Be Shut Down (redOrbit)

EBay, an online auction site, announced plans to close a customer service facility in Vancouver that employs 700 people.According to a statement by eBay, the closing of the Canadian facility is suppose to be completed by September 30 of this year, and is part of a plan to “consolidate its …

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