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Royal Mail to deliver IPO by fall 2013 – FT

LONDON (Reuters) – The British government aims to begin the privatization of Royal Mail by selling or floating at least part of it in the fall 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 …

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