The government has approved the Czech billionaire Daniel Kretinsky’s £3.6 billion takeover of the Royal Mail owner International Distribution Services. Kretinsky has agreed measures with the government to safeguard the important role that Royal Mail plays in the UK. He will maintain the so-called universal service obligation, which includes the …
Read More »
FTSE 100 Live 16 December: Royal Mail deal 'approved', Canal+ set to list. FTSE 100 Live. The Standard. Graeme Evans, Markets reporter … Source link
Read More »
Royal Mail will retain its brand name (pic: Terry Murden) The £3.6 billion sale of Royal Mail’s parent company to a Czech billionaire is expected to be approved by the Labour government after getting the support of the workforce. Daniel Kretinsky’s EP Group will acquire International Distributions Services (IDS) after agreeing …
Read More »
Royal Mail takeover by Czech billionaire ‘approved’ – report The sale of Royal Mail’s parent company to a Czech billionaire has been approved by the government, according to a report. The takeover by Daniel Kretinsky’s EP Group from current owner International Distribution Services will be announced on Monday, the BBC …
Read More »
The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) takeover of Royal Mail owner International Distribution Services IDS, the Financial Times reported on Monday. The approval is set to be announced as early as Monday morning, the report said, citing people familiar with the matter. International Distribution …
Read More »
Loganair, Scotland’s flagship regional airline, has reported a notable decline in profitability, with pre-tax profits falling to £6.9 million for the financial year ending March 31st, 2024. This represents a significant drop from the previous year’s £10.9 million pre-tax profit. This reduction underscores the challenging landscape facing regional airlines in …
Read More »
The go-ahead for the sale to Daniel Kretinsky’s EP Group is expected to be announced on Monday The sale of Royal Mail’s parent company to a Czech billionaire has been approved by the Government, according to a report. The £3.6bn takeover by Daniel Kretinsky’s EP Group from current owner International …
Read More »
(Reuters) -The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) takeover of Royal Mail owner International Distribution Services, the Financial Times reported on Monday. The approval is set to be announced as early as Monday morning, the report said, citing people familiar with the matter. International Distribution …
Read More »
THE British government has approved Czech billionaire Daniel Kretinsky’s £5.3 billion (S$9 billion) takeover of Royal Mail owner International Distribution Services, the Financial Times reported on Monday. The approval is set to be announced as early as Monday morning, the report said, citing people familiar with the matter. International Distribution …
Read More »
By CALUM MUIRHEAD CHIEF CITY REPORTER Published: 18:48 EST, 15 December 2024 | Updated: 19:14 EST, 15 December 2024 Royal Mail’s takeover by a Czech billionaire has been approved by ministers, it was reported last night. It means that Britain’s postal service — which traces its lineage back to Henry …
Read More »