Saturday October 31, 2020

British government to sell Royal Mail says report

The British government wants to begin the process of selling postal service Royal Mail in the autumn of next year if the service’s financial situation continues to improve.

26th March, 2012
2
Analysts have said Royal Mail might be worth £3 billion to £4 billion.

The British government wants to begin the process of selling postal service Royal Mail in the autumn of next year if the service’s financial situation continues to improve, the *Financial Times* reported.

An initial public offering on the stock market or a sale to an industry or private-equity are under consideration, the newspaper said, citing unidentified people close to the matter. Analysts have said Royal Mail might be worth £3 billion to £4...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 10 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago