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A bid to buy Royal Mail’s parent company by the investor Daniel Křetínský – known as the ‘Czech Sphinx’ has been rejected by the postal company’s board.

The European conglomerate EP Corporate Group, led by Křetínský, submitted its proposal last week, seeking to purchase all of the company’s outstanding shares not already owned by EP or its affiliate group Vesa Equity at 320p per share for International Distribution Services (IDS). But IDS said it had turned down …

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AstraZeneca’s dividend hike divides opinion

Patent worries persist Shareholder discontent at AGM When AstraZeneca (AZN) announced a dividend hike ahead of a potentially fractious AGM last week, it was bound to be viewed as a sweetener for investors who’ve gone sour on the stock. Although its shares have now recovered after lurching downward in the …

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‘Opportunistic’ takeover bid for UK Royal Mail rebuffed

By Charlotte Goldstone 19/04/2024 UK Royal Mail holding company IDS has rejected an “opportunistic” takeover offer by Czech billionaire investor Daniel Křetínský.   Mr Křetínský’s company, EP Group, this month submitted a “non-binding indicative proposal” for the holding company of the Royal Mail and General Logistics Systems (GLS) of 32 pence …

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Meghan Markle is ‘strategic’ with her friendships and ‘forgets’ about her pals ‘when she’s finished with them’, royal expert tells PALACE CONFIDENTIAL

Meghan Markle is ‘strategic’ when it comes to picking her friendships, royal expert Charlotte Griffiths has told on Palace Confidential.  Speaking on the Mail+’s weekly talk show, the Editor at Large for the Mail on Sunday said the Montecito-based Duchess of Sussex, 42, doesn’t have many friends. As Meghan sends the …

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18 months on: Royal Mail cesspit in Chipping Campden

Residents of Chipping Campden first raised the issue over 18 months ago and the problem has yet to be resolved.  The cesspit is in front of the Royal Mail sorting office and continues to leak onto the busy public highway, despite the company acknowledging the situation.  Cotswold District councillor, Tom Stowe …

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Meghan Markle’s jam boosts sales… for the King! Royal fans rush out to buy Charles’ £6.95 strawberry preserve with range selling out within days of Duchess’ launch

The launch of the Meghan Markle’s brand of jams has had the unintended side effect of boosting sales of the King’s own range of preserves. The Duchess of Sussex unveiled the first product of her new brand, American Riviera Orchard, with friends and influencers posting Instagram photos of a jar …

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