Royal Mail

Royal Mail News

• U.K.’s Royal Mail Said to Set Terms for 1.4 Billion-Pound Loan

  Royal Mail Group Ltd., the U.K.’s postal service, set the pricing and structure of 1.4 billion pounds ($2.2 billion) of loans to provide funding before a planned sale of the company’s shares, according to three people with knowledge of the matter.

• U.K. Names UBS and Goldman Sachs to Lead Royal Mail Sale

  The U.K. government appointed UBS AG and Goldman Sachs Group Inc. as joint global coordinators and joint bookrunners for the sale of Royal Mail Group Ltd, the state-owned postal service.

• U.K.’s Royal Mail Said to Seek 1.5 Billion-Pound Loan Before IPO

  Royal Mail Group Ltd., the U.K.’s postal service, is in talks with banks to raise 1.5 billion pounds ($2.3 billion) of loans to provide funding before a planned sale of the company’s shares, according to three people with knowledge of the matter.

• Royal Mail Doubles Earnings as Web Retailing Boosts Parcels

  Royal Mail Group Ltd., the state- owned postal service that the U.K. government is looking to sell, said full-year profit more than doubled as growth in web- based shopping spurred parcel deliveries.

• Royal Mail Appoints Equitini to Manage Sales of Stake to Staff

  Royal Mail Group Ltd. said it appointed Equitini Group to manage the distribution of shares in the company to its staff when it is sold.

• Royal Mail Full-Year Profit Increases 26% on Spending Cuts, New Technology

  Royal Mail Group Ltd., the U.K.’s state-owned postal carrier, for which the government said today it’s seeking private capital, said full-year profit rose 26 percent as it cut jobs and invested in technology.

• 

  Blackstone to Axa See Buying Opportunity as Leases Lapse

  For most office building owners, a lease running down to less than five years sets off alarm bells. For investors in Europe like Blackstone LP and Carlyle Group LP, it sounds more like cash registers.

• 

  U.K. Budget Deficit Narrows as Osborne Faces Economic Test

  Britain’s budget deficit narrowed more than economists forecast in March as capital spending fell, providing a boost for Chancellor of the Exchequer George Osborne as he faces new questions over his economic management.

• Royal Mail Wins Approval for Housing Near Battersea in Southwest London

  Royal Mail Group Ltd., the U.K. postal service, won approval for a plan to turn a mail-sorting office near Battersea Power Station in southwest London into about 1,900 homes.

• Britain to Allow Royal Mail Employees to Buy 10% of Shares in Stock Sale

  U.K. Business Secretary Vince Cable said employees of Royal Mail Group Plc will be able to buy at least 10 percent of the shares in the company when the government legislates to allow private investment.

Royal Mail Photos

Related Topics

• 

  London

Most Popular on Bloomberg

• Hong Kong to Handle NSA Leaker Extradition Based on Law

• European Stocks Decline on Speculation Rally Overdone

• Yen Surges Past 94 Per Dollar on Japanese Flow Data; Kiwi Slides

• Global Stocks Slide as World Bank Pares Outlook; Yen Up

• Hong Kong Groups Plan Protest to Support Edward Snowden

Royal Mail Videos