September 13, 2013
U.K.'s Royal Mail goes public (Virginia Harrison, September 12, 2013, CNNMoney)
Posted by Orrin Judd at September 13, 2013 6:18 PMThe British government plans to sell a majority of its stake in the Royal Mail through an initial public offering that will be one of the U.K.'s largest in decades.Analysts forecast the iconic postal service could be valued up to £3 billion. The government hasn't determined how much of its of stake will be sold.
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