Royal Mail ‘golden share’ agreement with government sparks broker surprise By Proactive Investors
[ad_1] Royal Mail (LON:) owner International Distribution Services PLC (LSE:IDS) saw its share rating upgraded to hold from sell by broker Panmure Liberum following reports that the UK government is set to approve EP Group’s takeover of the company. The target price was raised to 368p from 200p, aligning with the offer price. Panmure Liberum…