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UK to sell Royal Mail stake, targets 1.5 billion pounds
Reuters UK LONDON Britain will sell its 30 percent stake in postal operator Royal Mail, currently worth about 1.5 billion pounds, as it renews its drive to wipe out the budget deficit, Chancellor George Osborne said on Thursday. The sale was announced alongside a … Royal Mail, Johnson Matthey lead FTSE lower Royal Mail, Johnson Matthey lead Britain's FTSE lower |
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