Britain is preparing to privatize its postal
service. The government on Wednesday said it had appointed Goldman Sachs and
UBS to manage an initial public offering for the Royal Mail later this year, The New York Times reports.
The sale would be the biggest privatization in the country since the railroads in the 1990s, The New York Times reports. Michael Fallon, the minister for business, said the sale was a “practical, logical and commercial decision.”
The sale would be the biggest privatization in the country since the railroads in the 1990s, The New York Times reports. Michael Fallon, the minister for business, said the sale was a “practical, logical and commercial decision.”
