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Royal Mail owner paves way for historic takeover by Czech billionaire

The takeover deal will still need to be approved by International Distribution Services (IDS)’s shareholders at the September annual general meeting. ADVERTISEMENT The owner of Royal Mail confirmed on Wednesday that it had accepted a £3.6 billion ($4.6 billion) takeover offer from the Czech investor, Daniel Křetínský. Under the deal, Křetínský’s …

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Royal Mail agrees to £3.57bn takeover by Czech billionaire Daniel Křetínský; BHP abandons £39bn pursuit of Anglo American – business live | Business

Introduction: Royal Mail agrees £3.5bn takeover Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. It’s deadline day in the City today, with suitors for two UK-listed companies – mining giant BHP Billiton and Royal Mail – given until 5pm today to …

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Royal Mail owner IDS agrees Kretinsky’s £3.6bn takeover bid

Kretinsky’s EP Group promises to preserve service levels and UK headquarters  By Jane Denton Updated: 03:36 EDT, 29 May 2024 Royal Mail owner International Distribution Services has agreed terms for a £3.57billion takeover by Czech billionaire Daniel Kretinsky’s EP Group.  Kretinsky said he had the ‘utmost respect’ for the history and …

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What went wrong for Royal Mail? How cuts to delivery days, second-class post and closed collection offices left Britain missing critical hospital appointments, without birthday cards and Christmas gifts – and what the £3.57bn Czech takeover means for YOU

Royal Mail’s latest £3.57 billion takeover bid by Czech billionaire Daniel Kretinsky’s EP Group comes against a backdrop of a £300 million operating loss, cuts to delivery days and missed targets. Royal Mail owner International Distribution Services has said it has agreed to an offer which would see EP Group …

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What do Royal Mail and Atos have in common?

You are not logged in and only seeing 7 days of articles. Please sign up or login to view more For those following the Atos story as it continues to unfold, the news that Royal Mail’s parent company, International Distribution Services (IDS), has agreed to a £3.6bn takeover bid by …

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