The £3.6 billion, 370p a share takeover of International Distribution Services (IDS), the owner of Royal Mail, by a company owned by Czech billionaire Daniel Kretinsky has passed a review prompted by concern over national security, says Jasper Jolly in The Guardian. This means that Royal Mail, which can be …
Read More »Royal Mail takeover receives national security thumbs up
Royal Mail’s parent company agreed in May to a £3.6bn acquisition by EP Group Pat McFadden, Chancellor of the Duchy of Lancaster, has approved the deal By HARRY WISE Updated: 08:02 EST, 20 December 2024 Daniel Kretinsky’s acquisition of Royal Mail is getting closer to realisation after gaining national security …
Read More »MP Ben Lake visits Royal Mail delivery office in Llandysul
Ben Lake, MP for Ceredigion Preseli, visited the Llandysul delivery office on Friday, December 13, to show his support for the postal workers during their busiest time of the year. As people send Christmas cards and shop for gifts online, around twice as many parcels and letters are sent through Royal …
Read More »Royal Mail £3.6bn takeover passes national security check | LSE:IDS – Proactive Investors
Royal Mail's takeover by Czech billionaire Daniel Kretinsky has passed another major milestone towards completion with approval under national … Source link
Read More »FTSE 100 Live: Stocks slammed lower; Royal Mail bid clears national security check
FTSE 100 drops 75 points Royal Mail bid clears security check Retail sales edge up in November 11.18am: Diageo ditching Diddy-linked drink brand? Good news, says Jefferies Diageo PLC (LSE:DGE) is reportedly considering the sale of Ciroc Vodka, the drinks brand backed by disgraced music mogul Sean “Diddy” …
Read More »Are Brexit rules making it hard to post kids’ books to Ireland? | Money
I recently sent a parcel – of three secondhand books – by Royal Mail to Ireland, a fortnight before a birthday, paying £14 postage. Three weeks later it was returned to me having failed An Post’s requirement for the correct CN22 customs declaration, but without further explanation. I trusted Royal …
Read More »Royal Mail sale to Czech billionaire gets national security clearance
Royal Mail’s sale to Czech billionaire Daniel Kretinsky has taken another step towards completion, after it got the green light on national security grounds. Pat McFadden, the chancellor of the Duchy of Lancaster, approved the deal under the National Security and Investment act. The Cabinet Office said it means the …
Read More »Royal Mail sale to Czech billionaire gets national security clearance
Pat McFadden, the chancellor of the Duchy of Lancaster, approved the deal under the National Security and Investment act. The Cabinet Office said it means the deal is approved as long as EP Group “remains able to and continues to provide services that are in support of UK national security”. …
Read More »Bury MPs see postal staff ‘pulling out all the stops’ this Christmas
Bury North MP James Frith has been to the sorting office in Bury to meet staff during their busiest period. Meanwhile, Bury South MP Mr Wakeford went along to Radcliffe Delivery Office to see the dedicated team there for himself. Royal Mail deals with around double the normal volume of letters and parcels …
Read More »Maldon MP Sir John Whittingdale visits Royal Mail office
Sir John Whittingdale, MP for Maldon, visited the Royal Mail delivery office in Maldon to meet staff working hard during the busy Christmas period. During his visit, he observed postal workers sorting mail before heading out on their delivery rounds. Support – Sir John Whittingdale with Anca Ban, customer operations …
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