The Czech billionaire Daniel Kretinsky’s £3.6 billion takeover of the Royal Mail has passed another key milestone after being cleared by the government under national security laws. Pat McFadden, the chancellor of the Duchy of Lancaster, has conditionally approved the purchase of the 500-year-old institution by Kretinsky’s EP Group under …
Read More »Royal Mail issues warning to anyone sending 1st class Christmas post
Royal Mail has shared its final posting dates on its website, and the cut-off for some deliveries has already happened. This means Britons must be quick if they have any letters or parcels that need to arrive before the big day. Royal Mail said: “Latest posting dates are correct at …
Read More »Amazon and Royal Mail customers given urgent warning over scams sweeping UK in Christmas run up
An urgent alert has been sent out to Amazon and Royal Mail customers about up to four scams circulating as the festive season draws near. Customers are being forewarned about an increase in fraudulent activities as December 25 approaches. Rob Lilley-Jones, Which? consumer specialist, warned: “With so many parcels expected …
Read More »FTSE 100 continues to fall; Royal Mail bid clears national security
London’s FTSE 100 has continued where it left off yesterday with a 33-point fall to 8,071 and a new low for the month. More selling in the US and Asia overnight is one reason although the Dow Jones Index in New York did break its ten-day losing run albeit only …
Read More »Gov’t rubberstamps Royal Mail takeover national security requirement
The EP Group takeover of Royal Mail parent company International Distribution Services (IDS) has received final approval from the government. Issued today (20 December), an announcement from the Chancellor of the Duchy of Lancaster gave notice of a final order approving the acquisition under the terms of the National Security …
Read More »Royal Mail takeover by Czech billionaire approved for £3.6bn
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 »