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Barclays wins Royal Mail broking mandate

UK postal operator picks Barclays as sole corporate broker

On the same day its staff have voted to strike, Royal Mail has appointed Barclays as its sole corporate broker, less than a week after the UK lender helped float the company in a deal worth £3.3 billion.

The 497-year-old UK postal operator, in which the UK Government sold a majority stake in last week's initial public offering, announced the appointment of Barclays as its corporate broker in a stock exchange announcement this afternoon.

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