Effects of Privatisation on Employees

[123456]

so lets say we now stand here with most of the facts...we the employees of royal mail have a decision to make,although we are all against the sell off,we are now left with a choice..embrace an I.P.O or contend with a private equity type takeover..having heard the arguments and potential horror stories would you take one over the other.i think the C.W.U will have this unenviable call to make..

[fishtank]

embrace an I.P.O or contend with a private equity type takeover

It's a pointless choice to make since after an IPO we could easily end up in the hands of an equity company.
Once shares are floated you have no control over who buys them and in the case of previous privatisations very little stock is now held by small individual investors.

[borders]

I think that offer has shrunk to between £1500 and £1000 now !!!

I wasn't referring to the shares offer that may be made but a sum that the company would offer to everyone to change the Terms and Conditions of their Contract of Employment.

have you had this happen to you before ?

[UnhappyGremlin]

embrace an I.P.O or contend with a private equity type takeover

It's a pointless choice to make since after an IPO we could easily end up in the hands of an equity company.
Once shares are floated you have no control over who buys them and in the case of previous privatisations very little stock is now held by small individual investors.

As FT says, it could basically be the same end result either way.
Plus, Michael Fallon has only said this to bully us into accepting privatisation as a fait accompli.

[cyclemech1]

I think that offer has shrunk to between £1500 and £1000 now !!!

I wasn't referring to the shares offer that may be made but a sum that the company would offer to everyone to change the Terms and Conditions of their Contract of Employment.

have you had this happen to you before ?

Yes, as I said in my original post, when London Buses were privatised in the early 90's.

[motch]

embrace an I.P.O or contend with a private equity type takeover

It's a pointless choice to make since after an IPO we could easily end up in the hands of an equity company.
Once shares are floated you have no control over who buys them and in the case of previous privatisations very little stock is now held by small individual investors.

and there's a lot of QE money around in the system for big fish to buy it and eat it.