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LONDON (Reuters) - Britain's Royal Mail postal service has received enough orders for all of the shares on offer in its stock market listing within hours of opening the order books, two sources close to the deal said.
The British government said on Friday it would sell between 40.1 percent and 52.2 percent of the state-owned company and was offering the shares at between 260 pence and 330 pence each.
The sources, who declined to be named because the information was not public, said orders had already been received from potential investors for the maximum offer size.
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Britain's Royal Mail sale subscribed within hours
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TrueBlueTerrier
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Britain's Royal Mail sale subscribed within hours
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UnhappyGremlin
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Re: Britain's Royal Mail sale subscribed within hours
More propaganda?
Aimed at making a strike look futile?
Or has a big firm/investment group/hedge fund ordered loads?
Aimed at making a strike look futile?
Or has a big firm/investment group/hedge fund ordered loads?
Sometimes, I wish I wasn't a Rep.
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TrueBlueTerrier
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Re: Britain's Royal Mail sale subscribed within hours
A cynical attempt to get posties to think its a done deal - when its far from that - the announcement of the ballot result will be on the same days as the shares start being sold - watch them plummet with a big YES vote.UnhappyGremlin wrote:More propaganda?
Aimed at making a strike look futile?
Or has a big firm/investment group/hedge fund ordered loads?
Its not over, not even if the Canadian Lady starts singing.
All post by me in Green are Admin Posts.
Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
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UnhappyGremlin
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Re: Britain's Royal Mail sale subscribed within hours
Hope that's true. Would make me laugh.TrueBlueTerrier wrote:A cynical attempt to get posties to think its a done deal - when its far from that - the announcement of the ballot result will be on the same days as the shares start being sold - watch them plummet with a big YES vote.UnhappyGremlin wrote:More propaganda?
Aimed at making a strike look futile?
Or has a big firm/investment group/hedge fund ordered loads?
Its not over, not even if the Canadian Lady starts singing.
Sometimes, I wish I wasn't a Rep.
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borders
- Posts: 1303
- Joined: 11 Sep 2007, 09:10
Re: Britain's Royal Mail sale subscribed within hours
I like your optimism TBT !!! Its all been a game , on both sides . the Union only want a deal , they were never going to stop Privatisation. the Tories are ideologically driven and are/were hell bent on getting this done as they know Labour had/has no intention of renationalising RM. its all done on the short term so their buddies can make a few quick bucks in the stock market . what happens in the long term will be " Market Driven ". its rampant unregulated Capitalism as I keep banging on about !! winners and losers , where the winners have just about everything stacked in their favour and the losers have nowhere to go.TrueBlueTerrier wrote:A cynical attempt to get posties to think its a done deal - when its far from that - the announcement of the ballot result will be on the same days as the shares start being sold - watch them plummet with a big YES vote.UnhappyGremlin wrote:More propaganda?
Aimed at making a strike look futile?
Or has a big firm/investment group/hedge fund ordered loads?
Its not over, not even if the Canadian Lady starts singing.
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.
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borders
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Re: Britain's Royal Mail sale subscribed within hours
here is an example of how far they will go, ever heard of the" Gagging law ",
The government is still trying to smuggle through plans to silence criticism. [1] It’s clamping down on the free speech of ordinary people, like you, me, and millions of others. Reducing our ability to work together to protect our NHS, stop big business dodging tax, tackle climate change and stand up for the issues we believe in.
The ‘gagging law’ is being rushed through parliament right now. [2] It limits how much groups like 38 Degrees, Oxfam or Friends of the Earth can spend in the year before an election -- on anything that could influence the result -- even unintentionally! [3] For example if we're criticising the government's plans for our NHS, then that could affect how people vote.
The government is still trying to smuggle through plans to silence criticism. [1] It’s clamping down on the free speech of ordinary people, like you, me, and millions of others. Reducing our ability to work together to protect our NHS, stop big business dodging tax, tackle climate change and stand up for the issues we believe in.
The ‘gagging law’ is being rushed through parliament right now. [2] It limits how much groups like 38 Degrees, Oxfam or Friends of the Earth can spend in the year before an election -- on anything that could influence the result -- even unintentionally! [3] For example if we're criticising the government's plans for our NHS, then that could affect how people vote.
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.