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+ - Britain to privatize Royal Mail->

Submitted by Ellie K
Ellie K (1804464) writes "After 500 years, Britain announced plans to fully privatize Royal Mail today. Shares of stock (common equity) will be offered to the public "in coming weeks", according to Reuters. 10% of shares will be given to current Royal Mail employees, Deal size is estimated at $US 3 to 4.7 billion. Goldman Sachs and UBS were chosen as lead advisers."
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Britain to privatize Royal Mail

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