Wednesday 11 September 2013

Royal Mail float 'in coming weeks'

Source BBC News@ tienganhvui.com


Breaking news


The government has given formal notice to the stock exchange that it plans to privatise the Royal Mail "in the coming weeks".


It has not decided exactly how much of the service it will sell, but has said it will be the majority.


Employees will be given 10% of the shares, with the rest being offered to institutional investors and members of the public.


The minimum amount members of the public can apply for will be £750.


Royal Mail employees will be able to apply for additional shares and their minimum application will be £500.


The Communication Workers Union opposes the float and is about to ballot its members for strike action.





Đăng ký: Tieng Anh Vui

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