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The Guardian |
Royal Mail privatisation: bankers to face select committee
The Guardian The price for the flotation was set at 330p a share – at the top of the original range and valuing Royal Mail at £3.3bn. But the shares jumped 38% on the first day of trading and closed on Friday at 560p, giving the company a market value of £5.57bn. Was the Royal Mail privatisation good luck or a big blunder? Bankers face MP questioning over Royal Mail valuation Royal Mail flotation's froth just keeps getting frothier |
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