The large volume IPO companies have helped the European IPO boom.
Royal mail
Breaking News
The British government said on Friday that the initial public offering of the nation's Royal Mail postal service would value the company at GBP3.3 billion or USD5.3 billion.
Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.
Opposition Members of the Parliament (MP) expressed their concerns over the UK government not providing enough protection for Royal as the universal postal service near privatization.
The UK government announced to float Royal Mail, a 360 year old postal service company, next month and launch initial public offering by October.
UK proposed giving 150,000 free shares to its workers who have been strongly opposing privatization of the company.
Britain would float its majority share in Royal Mail through an initial public offering this financial year.
The U.K. Business Secretary has outlined their plans for the sale of stocks in the state-owned Royal Mail Group Ltd
Belgium's postal service, Bpost made a robust debut in the market on Friday which bodes UK's Royal Mail.
1 2
Subscribe to VCpost newsletter
Most Popular
- HYBE America Director Scooter Braun Reportedly Backed Idea of Killing Babies in Gaza
- US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
- Small Toronto Employment Agency Forced to Close After Check Fraud: TD Bank's Response Questioned
- Titanic Gold Pocket Watch Found on the Body of Its Wealthiest Passenger Is Up for Auction
- US Buys More Than 80 Soviet-Era Aircraft From Russia's Ally for Around $20,000 Each
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- China Ousts Scientist Behind Beijing's First COVID-19 Vaccine Over Serious Discipline, Law Violations
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
