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Update on national issues

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daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Update on national issues

Post by daveyeff »

dingo wrote:Peter Mandelson is currently working for CVC and we all know this was always on his agenda.
who are they anyway?
oypostie
Posts: 914
Joined: 25 Dec 2007, 13:39

Re: Update on national issues

Post by oypostie »

who are they anyway?
Asset strippers :evil/mad
UnhappyGremlin
Posts: 2685
Joined: 18 May 2012, 20:49
Gender: Male
Location: Hiding

Re: Update on national issues

Post by UnhappyGremlin »

A company that will stop at nothing to get as much money out of RM as fast as they can, no matter what it costs, and when they are done, RM will be discarded like a piece of rubbish.
Then the taxpayer will end up having to bail it out.
Sometimes, I wish I wasn't a Rep.
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72727
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: Update on national issues

Post by TrueBlueTerrier »

oypostie wrote:
who are they anyway?
Asset strippers :evil/mad

Currently have shares in Bpost (Belgium), interests in Denmark Post Formula 1 and myriad other companies. They want a quick buck, long term for them is probably 5 years.
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dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: Update on national issues

Post by dvbuk55 »

TrueBlueTerrier wrote:
oypostie wrote:
who are they anyway?
Asset strippers :evil/mad

Currently have shares in Bpost (Belgium), interests in Denmark Post Formula 1 and myriad other companies. They want a quick buck, long term for them is probably 5 years.
Well that's pretty long term for me too :cuppa
Danelectro
Posts: 1058
Joined: 13 Apr 2008, 01:02

Re: Update on national issues

Post by Danelectro »

CVC were the only company that made a bid last time and they are showing an interest if the Government don't go the IPO route, and that seems to be flagging at the moment. While not exclusively a Postal Company they certainly have a history of "investing" in them - they currently own nearly half of BPost (Belgium's national Mail company) and are looking to sell some of their holdings http://www.reuters.com/article/2013/03/" onclick="window.open(this.href);return false; ... 2L20130326 It also had a historical holding with PostDanmark

Read a small report the other day on the privatisation of Belguim Post- Looks like I had previously been misinformed that regulation was a lot tougher for their privatisation.judging by the report which is dated 2009 it looks pretty brutal but not sure if all the aims were introduced.

Anybody got a more up to date report on how the trade unions dealt with privatisation,though its a complicated trade union set up in Belguim.