U.K. Exits Royal Mail to Complete Privatization After Two Years

  • Stake priced at 455 pence, a discount on Monday's close
  • Final 10 million shares to be given to Royal Mail employees

The U.K. government unloaded its final stake in Royal Mail Plc, completing the privatization of the postal service in two years as Chancellor of the Exchequer George Osborne pushes to reduce the nation’s debt.

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