QQ8Kx9aO
type: Answer
type: WrittenAnswer
answer has question: 7wObaIUx
answer has answering person: JgAyn8BZ
answer text: No assurances were sought from the priority investors ahead of the sale of shares in Royal Mail. Any mechanism which requires a buyer to give up the rights normally associated with shares, such as a restriction on the right to sell those shares for a period of time, would be reflected in the price investors would be prepared to pay for those shares. These investors gave the Government confidence to take forward the IPO which raised nearly £2bn for the tax payer and reduced the risk that the tax payer to support the universal postal service.
answer given date: 2014-10-15+01:00
answer has answering body: eWg1zuN6
written answer has answering body: eWg1zuN6