PRAGUE – Energy firm EPH Group owned by Czech billionaire Daniel Kretinsky said on Dec 18 it would acquire a majority stake in Slovakia’s largest power producer Slovenske elektrarne. EPH will buy a 50 per cent share in the Slovak Power Holding company controlling two-thirds of Slovenske elektrarne from Italy’s …
Read More »UK government approves takeover of Royal Mail by Czech billionaire
LONDON, U.K. The U.K. government has approved the US$4.6-billion sale of Royal Mail’s parent company, International Distribution Services (IDS), to Czech billionaire Daniel Kretinsky’s EP Group, marking the first time in its 500-year history that the iconic postal service will come under foreign ownership. The deal was first agreed upon …
Read More »Order The Duchess of Edinburgh at 60 Magazine
Order you copy here Since marrying into the monarchy more than 25 years ago, the Duchess of Edinburgh’s gradual rise up the royal ranks has seen her become one of the family’s most respected and admired figures today. In this special Birthday Collector’s edition, we celebrate Sophie’s 60th birthday by …
Read More »CWU LIVE – Takeover Agreement Update – The Communication Workers Union
… LIVE – Takeover Agreement Update. CWU LIVE – Takeover Agreement Update. CWU Live. 16.1K subscribers. Rebuilding Royal Mail | CWU LIVE. CWU Live. Source link
Read More »CSIS report reveals surge in sophisticated cyber threats
CSIS Security Group has released its latest Threat Matrix report shedding light on the dynamic and complex cyber threat landscape in the first half of 2024. The report reveals a stark increase in the frequency and sophistication of cyberattacks, including those attributed to nation-state actors, hacktivism, and refined cyber techniques …
Read More »We MUST stop this Royal Mail heist: Six reasons why sale to Czech tycoon is bad for investors, bad for customers and bad for Britain
The postie, in his all-weather shorts, is so much-loved in one Hertfordshire village that each Christmas residents buy him a £500 gift voucher, plus champagne and chocolates. At this festive season, love it or hate it, the Royal Mail is an enduring feature of our lives. Whether one is queueing …
Read More »EP Group finalizes labor agreements amid IDS acquisition By Investing.com
LONDON – EP UK Bidco Limited, a company backed by EP Group, a.s. and J&T Capital Partners (WA:), a.s., has entered into definitive agreements with the Communication Workers Union (CWU) and the Communication Managers Association (CMA Unite) as part of its ongoing acquisition of International Distribution Services plc (IDS). These …
Read More »Kretinsky’s EPH to Buy Enel’s Stake in Main Slovak Power Utility
(Bloomberg) — Czech billionaire Daniel Kretinsky’s industrial holding agreed to buy Enel’s stake in Slovenske Elektrarne, Slovakia’s main energy utility that also owns nuclear power plants. Kretinsky’s Energeticky a Prumyslovy Holding AS will acquire the remaining 50% stake in Slovak Power Holding BV from Enel Produzione SpA, exercising an early …
Read More »A first-class farce: With stamps now costing £1.65 each, we sent 100 cards to test the Christmas post
Millions of us are posting presents and cards to loved ones across the UK and crossing our fingers that they will arrive by Christmas within the timeframes promised by Royal Mail. But will they? Money Mail decided to find out. We sent 100 Christmas cards to family and friends around …
Read More »Smart chip giant TSMC will prosper in any Trump scenario, says Abrdn’s Oh
Abrdn Asian Income Fund (AAIF) manager Yoojeong Oh assesses the strong position of chip giant Taiwan Semiconductor Manufacturing Company, in which 13% of the trust is invested, ahead of a second Trump administration that may bring in higher tariffs and insist on more US-based manufacture. This is the second excerpt …
Read More »