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The Guardian |
Royal Mail was worth £10bn, said JP Morgan. It sold for £6bn less
The Guardian 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 … Royal Mail'Undervalued By Up To £6bn' Royal Mail sale 'robbed' taxpayer, says Communication Workers Union chief … Royal Mail was valued at £10billion by JP Morgan |
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