UK proposed giving 150,000 free shares to its workers who have been strongly opposing privatization of the company.
Tags: Royal mail
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.
Europe IPO market booming compared to US
The large volume IPO companies have helped the European IPO boom. The cheap valuations and the strengthening economies were the main factors that put investments to full work in Europe, resulting in a sixfold volume increase in the third quarter for initial public offers in the region.
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.
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.
Latest News
Britain would float its majority share in Royal Mail through an initial public offering this financial year.
The U.K. Business Secretary has outlined their plans for the sale of stocks in the state-owned Royal Mail Group Ltd
Belgium's postal service, Bpost made a robust debut in the market on Friday which bodes UK's Royal Mail.
