Home / Royal Mail / Royal Mail to deliver IPO by fall 2013 – FT

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 …

More: continued here

About admin

Check Also

BT admits to £8bn pensions deficit | Money

BT, the telecoms company, will reveal today it has a record-breaking £8bn black hole in …

Leave a Reply

Your email address will not be published. Required fields are marked *