The sale of Royal Mail’s parent company to the Czech billionaire Daniel Křetínský has been approved by the UK government after a review under national security laws. The £3.6bn takeover of International Distribution Services (IDS) – the owner of the 508-year-old Royal Mail – by Křetínský’s EP Group was confirmed …
Read More »Royal Mail: £3.5bn bid from Czech billionaire given go ahead
It is understood that permission for the sale of International Distribution Services (IDS) to Daniel Kretinsky’s EP Group is set to be officially announced later on Monday morning after being reviewed by the Government under the National Security and Investment Act. Mr Kretinsky and IDS agreed a deal in May …
Read More »Royal Mail takeover by Czech billionaire Daniel Kretinsky approved
The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved by the government. Mr Kretinsky‘s company EP Group will buy the postal service’s parent company International Distribution Services (IDS). The £5.3bn deal had been agreed in May but was subject to a government review under national security …
Read More »Royal Mail takeover cleared by government
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 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 sale to Czech billionaire ‘sealed’ – Daily Business
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 ‘approved’; Rents protest in London; ‘New’ Mk1 Ford Escort RS – Car Dealer Magazine
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 »UK approves Daniel Kretinsky’s $6.7 bln bid for Royal Mail parent, FT reports — TradingView News
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 Sees Profit Dip Amid Operational Challenges
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 »Czech billionaire’s £3.6bn takeover of Royal Mail ‘approved’ reports say
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 …
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