Edoardo Cignoli : Royal Mail Valued at $5.3 Billion

The U.K. government is to sell a majority stake in Royal Mail in an initial public offering that values the state-owned postal service at as much as $5.29 billion, marking the biggest privatization in Britain in years.



via WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303342104579100451635383402.html?mod=pls_whats_news_us_business_f