tangent4ronpaul
09-12-2013, 07:19 AM
http://money.cnn.com/2013/09/12/investing/royal-mail-ipo/
The 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.
The IPO is expected to take place in the coming weeks, and the stock will be listed on the London Stock Exchange.
-t
The 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.
The IPO is expected to take place in the coming weeks, and the stock will be listed on the London Stock Exchange.
-t