[ad_1] Royal Mail’s potential takeover: An overview Czech billionaire Daniel Kretinsky has made a £3.6 billion offer for Royal Mail, which has been accepted by the board. The deal requires shareholder approval on 25 September and government scrutiny under the National Security and Investment Act. Business Secretary, Jonathan Reynolds, has called for constructive work with…
[ad_1] The postal service’s owner International Distribution Services agreed to a £3.57billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group in May Royal Mail shareholders will vote on the proposed takeover at their next meeting on September 27 ( Image: Bloomberg via Getty Images) Royal Mail’s soon-to-be new boss has pledged to uphold the…
[ad_1] The new owner of Royal Mail has vowed to keep delivering letters six days a week in an attempt to quash concerns that the service could be reduced. Daniel Kretinsky, the Czech billionaire who is buying Royal Mail’s parent company International Distribution Services (IDS) for £3.6bn, said he would not walk away from the…
[ad_1] JOHOR BARU, July 16 — His Majesty Sultan Ibrahim, the 17th King of Malaysia, has always prioritised the people’s interests, according to the Johor Council of Royal Court president Datuk Abdul Rahim Ramli. He said His Majesty dislikes wasting the people’s time and stresses efficiency during royal ceremonies or events. Abdul Rahim, who has…
[ad_1] About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive’s editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces…
[ad_1] World No 4 Aberg tips MacIntyre to follow up his Scottish Open success with a run for glory at The Open at Royal Troon this week Scottish star MacIntyre blitzed the back nine at The Renaissance club to end a 25-year wait for a home winner Now, with 25 years having also passed since…
[ad_1] The prospective new owner of Royal Mail has said he will not walk away from the requirement to deliver letters throughout the UK six days a week, as long as he is running the service. “As long as I’m alive, I completely exclude this,” Czech billionaire Daniel Kretinsky told the BBC. Mr Kretinsky has…
[ad_1] The postal service’s owner International Distribution Services (IDS) agreed to a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group in May. The move will see it taken off the public markets and into the hands of Mr Kretinsky’s firm, which already has a 27% shareholding in the business. Royal Mail shareholders…
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[ad_1] 47 minutes ago By Simon Jack & Tom Espiner, Business editor & Business reporter Daniel Kretinsky says he will not walk away from Universal Service Obligation The prospective new owner of Royal Mail has said he will not walk away from the requirement to deliver letters throughout the UK six days a week, as long…