Bankers report solid demand for shares in delivery firm,mainly from domestic and US institutional investorsThe government has continued selling assets it no longer considers should be held in the public sector with the £700m disposal of the remaining shares it owns in Royal Mail.
Bankers were hopeful of selling the shares, which represented a 14% stake in the company, or for less than a 5% reduction on the Royal Mail’s share price on Monday. Continue reading...
Source: theguardian.com