By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:14 EST, 17 December 2024 Among the more bizarre aspects of the deal carved out by Czech billionaire Daniel Kretinsky with the Government and Royal Mail is the use of a ‘golden share’. Such shares protect strategic assets from foreign marauders. Among …

This week, Jonathan Reynolds, the Labour Trade Minister, who has perfected the art of turning his beard into an apology for his lack of charisma or ideas, approved the takeover of Royal Mail by Czech billionaire Daniel Křetínský’s (below) EP Group of companies. As political transformations go, that’s a pretty big …

If you’re keen to send Christmas presents to loved ones this year, you’d better hurry. The UK’s Post Office has compiled a full list of delivery deadlines for 2024 – and the earliest one is tomorrow. Big names like Royal Mail, Evri, DPD and Parcel Force are among the firms …

It’s time to mark your calendars as Royal Mail has rolled out its “cut off” dates for Christmas deliveries, impacting UK households amid rising postal costs. In a recent notice, the mail service emphasised: “Allow plenty of time for posting. Please post items and gifts for Christmas early, particularly for …

Britain's government has given the go-ahead for the sale of Royal Mail's parent company to a Czech billionaire, paving the way for the postal … Source link

Glasgow Prestwick Airport (PIK), working alongside Royal Mail, has welcomed its first full e-commerce cargo flight, following several developments to its e-commerce operations over this year. The flight, chartered by Zhonger Express and Jumen Logistics, was operated by Silk Way West Airlines Cargo and carried a 90-tonne consignment for Royal …

The UK government – a Labour government, no less, with a huge parliamentary majority – has given the go-ahead for a Czech billionaire to buy Royal Mail for £3.6 billion. Yes, that’s correct. A foreign businessman, an oligarch by any other name, with the classic combination of interests in energy, …

(Royal Mail/PA) (PA Media) The British government has been granted a golden share in the recently-sold Royal Mail in a bid to keep it in the UK. Royal Mail’s sale to Czech billionaire Daniel Kretinsky’s EP Group was approved by the government this week. To get the deal approved he …

The UK government’s clearance of Czech billionaire Daniel Křetínský’s £3.6 billion acquisition of Royal Mail marks the first time a company has secured approval for up-front remedies amid an ongoing review under the National Security and Investment Act. Subscribe to Global Competition Review Register for limited access Register to receive …

Mr Kretinsky and International Distribution Services agreed to a deal worth £3.6 billion – or £5.3 billion including debt – in May but had been waiting for approval from the Government, which must sanction the takeover given the national importance of Royal Mail and the postal service in the UK. …