Almost every aspect of Daniel Křetínský’s fresh offer for the owner of the Royal Mail is unsatisfactory: the price, the identity of the bidder and the sketchy “undertakings” to protect the UK postal service. First, the terms – 370p a share, or £3.5bn – only look attractive if you think …
Read More »Royal Mail group ‘minded’ to back £3.5m bid proposal from Czech billionaire
Royal Mail’s owner has said it would be “minded” to agree a takeover by shareholder Daniel Kretinsky after the Czech billionaire put forward a higher proposed bid worth around £3.5 billion. International Distribution Services (IDS) said Mr Kretinsky’s EP Group had upped its proposal to 370p a share, from an …
Read More »Kirkland, Paul Weiss Advising on Takeover Bid for Royal Mail (1)
Kirkland & Ellis and rival Paul Weiss are advising on the latest bid for Britain’s Royal Mail by Czech billionaire Daniel Kretinsky. Kirkland & Ellis is acting for EP Corporate Group, which Wednesday made a fresh bid for Royal Mail parent company International Distributions Services Plc that values it at …
Read More »Who is Daniel Křetínský, the Czech billionaire aiming to buy Royal Mail? | Evening Standard
Czech billionaire Daniel Křetínský might be the next owner of Royal Mail, after its parent company International Distributions Services (IDS) … Source link
Read More »Royal Mail set to be taken over by Czech billionaire
Keith Williams, chairman of IDS, said: “The board is minded to recommend this offer price, which it considers to be fair and reflects the value of GLS’ current growth plans and the progress being made on change at Royal Mail to adapt the business to a significant fall in the …
Read More »UK electric truck maker Tevva Motors faces administration – Fleet News
Tevva secured contracts to supply vehicles to Royal Mail and Travis Perkins. The electric truck has a range of 140 miles and is set to be joined … Source link
Read More »BVRLA conference to consider effect of ZEV mandate
Date: 15 May 2024 | Author: Sean Keywood The current state of play regarding fleet electrification will be addressed by the BVRLA’s 2024 Fleets in Charge conference. The rental and leasing industry body says the event, taking place in Westminster on 10 July, will take stock of the …
Read More »Royal Mail issues service update as three UK regions face delays
The service operates an air, rail and road network to keep post and parcels moving between distribution hubs and processing centres. Most of the Royal Mail network will be running smoothly today, though some UK areas will likely be impacted by delays. Royal Mail warned that this is due to …
Read More »Understanding the Global Spread of Postal Codes
Postal codes have become an essential part of addressing letters and parcels in the modern world. These alphanumeric combinations serve as geographic shortcuts that help streamline mail delivery and other services. In many countries, the postal code system is preceded by the country’s name, further simplifying the process of international …
Read More »How Queen Victoria and Prince Albert were strong feminists: Royal couple supported female artists including military painter Elizabeth Butler and their daughter’s tutor Susan Durant – as their work goes on display
They were well known for their philanthropy, a fascination with science, architecture and modern technology and patronage of the arts. In the early years of their marriage, Queen Victoria and Prince Albert were also keen artists, etching their children, pets and literary scenes, at Windsor Castle and Claremont, where they …
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