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
British government to sell Royal Mail says report
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...

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