Home / Royal Mail / Royal Mail was worth £10bn – JP Morgan

Royal Mail was worth £10bn – JP Morgan

Investment bank gave valuation before flotation, as unions accuse government of 'conspiracy against taxpayer' One of the world's largest investment banks told ministers ahead of the Royal Mail flotation that they could sell the postal business for £10bn, around two and a half times more than the government finally received for it. News of the valuation from JP Morgan re-ignited the huge row over …

More: continued here

About admin

Check Also

Staff finally leave ‘snowed in’ pub after being stranded for days

Staff who had been stuck in a pub for days after being “snowed-in” were finally …

Leave a Reply

Your email address will not be published.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