TITLE

Banks hired to lead £2.5bn Royal Mail IPO

AUTHOR(S)
Yarker, Jonathan
PUB. DATE
May 2013
SOURCE
Money Marketing (Online Edition);5/29/2013, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that British ministers have hired banks Goldman Sachs & Co. and Barclays PLC to manage initial public offering (IPO) of Great Britain's Royal Mail postal service. It states that Goldman Sachs & Co. will lead privatization of the Royal Mail and Barclays and Bank of America Merrill Lynch will be subordinates. It highlights that the banks will get fees for winning a mandate which will look after IPO.
ACCESSION #
88066844

 

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