The United States and Canada Pension funds will acquire Royal Mail equity

Recently, the scale of billions of dollars in American and Canadian pension funds are in the Royal Mail was privatised acquisition of equity in the company. It is understood, the privatization of British Royal Mail will be the fastest in the autumn of this year launched.
Royal Mail CEO Moya said, the company is preparing to scale up to 3000000000 pounds of IPO, as part of which has been to Canada, Ontario teachers' pension fund roadshow. It is reported, this one scale of IPO Royal Mail will hit UK companies over the past 20 years since the privatization of the scale. Ontario teachers retirement fund now to invest in the UK for 4000000000 pounds, including the purchase of the channel tunnel rail network, Bermingham of Britain and Bristol airports and buy lottery operator Camelot.
Moya also to America's largest public pension funds in California public employees retirement system (Calpers) and retired teacher in California Fund (Calstrs) issued a tender offer.
The pension funds are taking long strategy investment fund.
Gao Moya said: "we have the high quality of the pension funds and mutual fund investors. And these investors response is positive. For example, the Canadian retired teacher fund is the high quality of the investors, like our own pension fund investors."
MYEX min Asia International Express
2013-05-28