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Walking toward US$4.5b IPO bounty
Aggregated Source: Shanghai Daily: Business

A Royal Mail postal worker walks through the car park of a sorting office in Altrincham, northern England yesterday. Employees will get shares in an initial public offering that may value the company at up to 3 billion pounds (US$4.5 billion) as the government plans to list the state postal operator, in what would be the UK's biggest privatization in decades.

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Copyright Shanghai Daily: Business