TITLE

Royal Mail sale has backfired

PUB. DATE
October 2013
SOURCE
Evening Standard;10/11/2013, p59
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
I DON'T think the Government is getting proper value for Royal Mail by pricing shares at 330p. But they couldn't allow the IPO to be a flop not long before an election and would always have arranged things so it would be massively oversubscribed.
ACCESSION #
90642994

 

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