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Royal Mail valued at $5.3 billion ahead of IPO – MiamiHerald.com

Royal Mail valued at $5.3 billion ahead of IPO
MiamiHerald.com
LONDON — Britain's government says that Royal Mail will be valued at up to 3.3 billion pounds ($5.3 billion) when it sells a majority stake in the 500-year-old service next month. Shares are expected to be priced at between 260 pence and 330 pence

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