government royal mail valued at £33bn for london ipo
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
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Government :Royal Mail valued at £3.3bn for London IPO

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Egypt Today, egypt today Government :Royal Mail valued at £3.3bn for London IPO

Arab Today

Britain's Royal Mail will be valued at £3.3 billion ($5.3 billion, 3.9 billion euros) when it launches on the stock market, the government said Thursday. "The offer price has been set at 330 pence per ordinary share. Based on the offer price, the total market capitalisation of Royal Mail at the commencement of conditional dealings will be £3.3 billion," it said in a statement.  

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