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Royal Mail to deliver IPO by autumn 2013 – FT

LONDON (Reuters) – The government aims to begin the privatization of Royal Mail by selling or floating at least part of it in the autumn of 2013, the Financial Times reported on Monday. The offering, which could take place if the state-owned postal operator's finances continue to improve, is expected to fetch between 3 billion pounds to 4 billion pounds ($4.76 billion-$6.35 billion), the FT said …

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