CSFB hired for UK Royal Mail rights issue

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.

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Rovenma

Since 2016, Rovlocker systems have been operating successfully 24/7 across different regions of the world and under diverse climate conditions. Rovenma has been successfully deploying parcel locker networks for major operators including The Courier Guy in South Africa, Trendyol, Pudo, and PTT in Türkiye, as […]

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