Royal Mail

As train lunches go, it takes some beating. Starting with a mound of caviar, the menu moves through trout, lamb, chicken and partridge, asparagus and cheese soufflé, before finishing with a few serious puddings. It certainly beats a Greggs sausage roll. But this was no ordinary lunch, rather a feast …

Bosses at the Communication Workers Union are to meet with the Labour Party to press for the renationalisation of Royal Mail amid an overseas takeover approach from the struggling postal group’s largest shareholder. EP Group, a conglomerate controlled by Daniel Kretinsky, made a 320p-per-share proposal to the board of International …

Bosses understood to be in regular talks about Daniel Kretinsky’s approach One of the top shareholders, Redwheel, broke cover to oppose the offer Royal Mail rejected the £3.2bn bid – or 320p per share – from Kretinsky  By Jessica Clark Updated: 16:53 EDT, 21 April 2024 Royal Mail will hold …

21 April 2024, 22:22 Labour has slammed the Tory record on crime as the party vows to ‘reinstate the rule of law’ if it wins power this year. Picture: Alamy Labour has slammed the Tory record on crime as the party vows to ‘reinstate the rule of law’ if it …

(Reuters) – Fund manager Redwheel said in a statement on Sunday that it supported Royal-Mail owner IDS’ board decision to unanimously reject a non-binding share bid from EP Group on 11 April. Redwheel, the third-largest shareholder in IDS, said it was in full agreement with the board that EP Group’s …

| Sun, 21 Apr 2024 08:07:17 GMT April 21 (Reuters) – Hedge fund Redwheel said in a statement on Sunday that it supported Royal-Mail owner IDS’ board decision to unanimously reject a non-binding share bid from EP Group on 11 April. Redwheel, the third-largest shareholder in IDS, said it was …

Sunday 21 April 2024 4:07 pm Redwheel, who owns 6.7 per cent of Royal Mail, said the offer from Czech Sphinx David Křetínský, “significantly undervalues” the company. The second largest independent shareholder in Royal Mail’s parent company, International Distributions Services (IDS), has publicly backed the company’s rejection of a takeover …

Redwheel, who owns 6.7 per cent of Royal Mail, said the offer from Czech Sphinx David Křetínský, “significantly undervalues” the company. The second largest independent shareholder in Royal Mail’s parent company, International Distributions Services (IDS), has publicly backed the company’s rejection of a takeover bid. Redwheel, which owns 6.7 per …

Asset manager Redwheel told regulators they should reduce the UK postal service’s legal obligations. The move followed a failed buyout attempt by Daniel Kretinsky for International Distributions Services, its parent company. The billionaire investor was said to be evaluating a possible improved bid. The company meanwhile has petitioned Ofcom to …

PLANNING has been approved for Nuneaton town centre for the Transforming Nuneaton Programme which will now see the next phase of the programme. Nuneaton and Bedworth Borough Council’s planning committee approved for Warwickshire County Council to start works on a new library and business centre as well as a 65 …