Royal mail

Britain puts stake in Eurostar up for sale

The British government plans to sell its 40 percent stake in the fast-speed Eurostar train operator that links Britain with the European continent, finance minister George Osborne announced late on Sunday.

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Britain to sell Eurostar stake under GBP10 billion privatization program

A new GBP10 billion privatization program will see Britain's 40% stake in cross-channel rail operator Eurostar sold off to help pay down UK's debts.

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Portugal raises EUR578M in first IPO of its stake in postal service

Portugal is raising EUR578 million (USD783 million) in the initial public offering of its postal service CTT-Correios de Portugal SA. The Portuguese government is divesting its 70% stake in the mail service.

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UBS tells investors to exit overvalued Royal Mail amid UK government grilling

Prior to meeting with UK's Members of the Parliament regarding claims that Royal Mail's shares in its initial public offering were undervalued, UBS issued a note to investors saying that they need to divest their shares in the postal service.

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Royal Mail undervalued - Financial Times

According to banking sources, the Financial Times said the IPO of UK's Royal Mail was underpriced.

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Royal Mail high demand signals return of retail investors

The recent privatization of Royal Mail creates an 'equity culture' in the UK.

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Royal Mail staff voted to go on strike after company's IPO

The staff of Royal Mail Group Ltd. had voted to go on strike after less than a week the company had launched its IPO, claiming the public debut would put jobs at risk in the company.

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US Postal Service IPO not a daft idea - observers

Industry observers believed that USPS would be able to achieve success similar to Royal Mail should the former would be listed on the stock exchange.

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Royal Mail share values jump 40% since IPO

Royal Mail shares, criticized to be valued too low, had netted hefty profits for its investors.

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Royal Mail selloff attracts more than 700,000 share offers

The privatization deal for Royal Mail had received a government estimated number of more than 700,000 applications for the company's shares, said a Reuters report.

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UK government plans to increase Royal Mail shares to cater to small, public investors

The Guardian said the British government might increase the 30% Royal Mail share allocation it would be selling to small and public investors.

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Europe IPO market booming compared to US

The large volume IPO companies have helped the European IPO boom.

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Britain confident that Royal Mail IPO will value USD5.3 billion

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.

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Royal Mail gets GBP1.4 billion ahead of IPO

Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.

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Opposition parliament members wary over UK's Royal Mail privatization

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.

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