THE investment bank CSFB has been hired by the Department of Trade and Industry to help advise on a Pounds 2billion rights issue at Royal Mail. The details of this cash-raising have now been lodged with the government and will be examined by experts at the investment bank. Part of the proceeds will be used to reduce the postal group’s Pounds 2.5billion pension deficit. The restructuring proposal includes giving 20% of Royal Mail’s equity to its workers.
KEBA, based in Linz (Austria) and with branches worldwide, is a leading provider in the fields of industrial automation, handover automation and energy automation. With around 2000 employees, KEBA offers innovative solutions such as control systems, drive systems, ATMs, parcel locker solutions, e-charging stations, and […]
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