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Written question asked by Lord Hoyle (Labour), in the House of Lords. It was answered by Baroness Vadera (Labour) on Tuesday, 31 March 2009.


Royal Mail

Question
To ask Her Majesty's Government whether the Royal Mail's parcel business, including General Logistics Service, is to be taken over by any private investor in the Royal Mail.
Answer

The Government are looking for a strategic partner for Royal Mail. It is expected that any sale of shares would be at the Royal Mail Group Ltd level. Royal Mail Group Ltd incorporates Royal Mail standard parcel and Parcelforce Worldwide services. GLS is a subsidiary of Royal Mail Group Limited and will be considered in that context in negotiations with potential partners.


Secondary information

Type
Written question
Reference
2182; 709 c231-2WA
Session
2008-09
Subjects
Postal services Parcels Sales Shares Royal Mail
Link
View this Written question on www.publications.parliament.uk