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Search for Royal Mint Chairman May Lead to Sale, Telegraph Says

June 3 (Bloomberg) -- A headhunter hired to find a new chairman for The Royal Mint Ltd. could lead to the revival of the process to sell the company, the Sunday Telegraph reported, without saying where it got the information.

The Shareholder Executive, which manages the public stake in the Cardiff-based Mint on behalf of the Treasury, hired Odgers Berndtson, the U.K. newspaper said, citing a candidate brief from the headhunter. A new chairman is expected to be in place by the end of 2012, according to the newspaper.

To contact the reporter on this story: Michelle Wiese Bockmann in London at mwiesebockma@bloomberg.net

To contact the editor responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net

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