The chancellor, Jeremy Hunt, has said the UK will look at the national security implications of a bid for Royal Mail by the Czech billionaire Daniel Křetínský, but indicated ministers were not opposed to the takeover in principle. Royal Mail’s owner, the London-listed International Distributions Services (IDS), on Wednesday backed …
Read More »Royal Mail takeover to face national security scrutiny, says Hunt
The investor’s company EP Group has submitted a revised of 370p per share for the company, an increase of 16pc on a previous offer which had been rejected. The billionaire was previously vetted under national security and investment rules in October 2022, when his stake in the company rose to …
Read More »Any bid for Royal Mail would face ‘normal’ security review, UK says
Any bid for Royal Mail would face ‘normal’ security review, UK says XM does not provide services to residents of the United States of America. XM does not provide services to residents of the United States of America. Home Trading Trading At XM we offer Ultra Low Micro and Ultra …
Read More »Man behind Royal Mail takeover bid sees net worth jump to £6bn
Friday 17 May 2024 10:55 am IDS said this week that it was “minded to recommend” the latest £3.5bn takeover bid from Kretinsky’s EP Group. Czech billionaire Daniel Kretinsky, who is currently trying to buy Royal Mail owner International Distribution Services (IDS), saw his net worth rise by £2bn over …
Read More »Any bid for Royal Mail would face ‘normal’ security review, UK says
reuters_tickers This content was published on May 17, 2024 – 11:09 LONDON (Reuters) – Any takeover bid for Britain’s Royal Mail would be subject to “normal” national security scrutiny but it would not be opposed in principle, finance minister Jeremy Hunt said on Friday. Royal Mail’s owner, International Distributions Services, …
Read More »Royal Mail takeover to face national security checks, says Hunt | LSE:IDS
Royal Mail's takeover will be analysed from a national security standpoint should shareholders accept the offer, chancellor Jeremy Hunt said. Source link
Read More »UK postal workers’ union issues strike warning to Daniel Křetínský
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK postal workers’ union has issued a strike warning to Czech billionaire Daniel Křetínský if he fails to meet their demands in his Royal Mail takeover bid, raising the …
Read More »Kemi Badenoch threatens to block Royal Mail deal to foreign owners unless guarantees are issued
Friday 17 May 2024 7:29 am Kemi Badenoch threatens Royal Mail bosses of blocked deal to foreign owners unless guarantees are issued (Kemi Badenoch Photo credit: Carl Recine/PA Wire) Kemi Badenoch has issued warnings to the Royal Mail that she will block any foreign buyer unless cast-iron guarantees are put …
Read More »Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live | Business
Company insolvencies in England and Wales jump by a fifth Newsflash: More companies and individuals across England and Wales fell into insolvency last month, as high interest rates continue to weigh. Company insolvencies jumped by 18% in April to 2,177, the Insolvency Service has reported. This included 300 compulsory liquidations, …
Read More »Meet the enigmatic Czech billionaire who wants to buy Britain’s Royal Mail | Business
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