Advent International, a global private equity investor, today announces that it has agreed to sell Evri, to funds managed by affiliates of Apollo. Closing of the transaction is expected to take place in the third quarter of 2024. Since it acquired Evri in 2020, Advent has invested nearly £200 million …
Read More »CAA starts consultation on drone Detect & Avoid : : FLYER
What do you think about drones flying around out of sight of the remote pilot? Have your say in a new consultation launched by the CAA which runs over the summer to 19 September 2024. The CAA said, “There is currently a strong industry demand for Beyond Visual Line of …
Read More »Evri to be snapped up by private equity giant Apollo – Retail Gazette
Royal Mail suitor to take on rivals with Amazon-style parcel lockers. 14/07/2024 x 8:43 AM. Evri CEO Martijn de Lange said: “The last … Source link
Read More »Parcel deliverer Evri to take on Royal Mail after £2.7bn takeover by US fund
Royal Mail Royal Mail is facing an assault from one of the world’s biggest buyout funds as Apollo announced a £2.7bn deal to buy the British parcel company Evri. The US investment firm said it will inject fresh funding to grow Evri’s parcel business after outbidding rival suitors in an …
Read More »Royal Mail customers angry over new Post Office charge which ‘makes no sense’
Royal Mail customers have been left baffled over being charged DIFFERENT prices depending on where they are sending the parcel and package from. Royal Mail customers have spoken out over the discrepancy after noticing the difference. Customers are furious after discovering the price of sending a package via the Post …
Read More »Royal Mail faces assault from US fund with £2.7bn takeover of rival Evri
Apollo and Evri expect the deal to complete later this year. The announcement comes after weeks of speculation over the future of Evri. Advent International, another American buyout fund, put the company up for sale earlier this year. The auction has attracted a series of suitors including rival delivery company …
Read More »Royal Mail customers left baffled over ‘ludicrous’ Post Office charge that ‘makes no sense’
ROYAL Mail customers have been left fuming after noticing they are being charged different prices depending on where they send a parcel from. Sending a package via the Post Office costs more than having a postman collect it from your home. 1 Customers are furious after discovering the price of …
Read More »Priti Patel visits Royal Mail’s Colchester Delivery Office
Dame Priti Patel visited the Royal Mail delivery office in Moorside, Colchester, around 11am, after receiving complaints from residents. She met with Royal Mail director of public policy David Gold, and members of the Colchester branch leadership team to discuss ongoing issues with deliveries to some postcodes in the area. The main areas impacted …
Read More »RICHARD EDEN: ‘Insincere’ Meghan was sending out warning signs from the start, only now do royal sources admit they missed them
BBC news presenter Mishal Husain is known for her cool, calm manner, even when grilling the most bumptious politicians on Radio 4’s Today programme. So, her decision to respond publicly to the Duchess of Sussex’s criticism of a 2017 television interview conducted by Ms Husain – to mark Meghan and …
Read More »Apollo swoops for parcel delivery giant Evri in £2.7bn deal | Business News
The private equity giant Apollo Global Management is on the brink of a deal to buy Evri, the British parcel delivery company, in a £2.7bn deal. Sky News has learnt that Apollo has seen off competition to acquire the company from rivals including JD.com, the Chinese internet group, and DHL. …
Read More »