UPDATE 1-CVC bids $3.2 bln for Royal Mail stake -report

by admin on May 31, 2009

LONDON, May 31 (Reuters) – Private equity group CVC Partners [CVC.UL] has offered to pay just under 2 billion pounds ($3.21 billion) for a 30 percent stake in state-owned postal group Royal Mail, the Sunday Telegraph reported.

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UPDATE 1-CVC bids $3.2 bln for Royal Mail stake -reportReuters 2009

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