Royal Mail to price sale at upper end of range

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Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said today, potentially valuing the company at up to £3.3 billion (US$5.34 billion). The sale of as much as 60 per cent of Royal Mail is now expected to price between 300 pence and 330p per share, the…

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