Royal Mail takes 18 mln stg provision as part of French settlement

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Britain's Royal Mail (LSE: RMG.L – news) said on Thursday it had taken a financial provision of 18 million pounds ($29 million) after reaching a settlement with French competition authorities in a possible breach of antitrust laws. Royal Mail, which listed on the stock market a year ago, said in July it had received a notice that one of its subsidiaries in France may have breached competition …

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