Home / Royal Mail / Royal Mail was valued £1.5billion more than it was eventually sold for, costing taxpayers hundreds of millions in lost …

Royal Mail was valued £1.5billion more than it was eventually sold for, costing taxpayers hundreds of millions in lost …

Amid growing concerns shares were sold too cheaply, Freedom of Information requests revealed that 21 banks pitching to work on the floatation had valued the Royal Mail from £4bn to £4.8bn – well above the eventual sale price of £3.3bilion.

More: continued here

About admin

Check Also

In Pictures: Maggie Smith reached peak of her fame decades after Oscar victory

Published: Fri 27 Sep 2024, 10:00 PM Last updated: Fri 27 Sep 2024, 10:18 PM …

Leave a Reply

Your email address will not be published.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