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Read More »Czech billionaire offers to buy all staff shares
Thousands of former and current Royal Mail staff are being asked to sell their shares to a Czech billionaire. On Wednesday morning, Daniel Kretinsky’s investment group, which wants to buy Royal Mail’s parent company, published its formal offer online and sent it by post. Mr Kretinsky can now formally start …
Read More »Fat fees for Royal Mail’s advisers, no detail for its shareholders | Nils Pratley
Surprise, surprise: the proposed £3.6bn takeover of Royal Mail’s parent company, International Distribution Services (IDS), by a Daniel Křetínský-led bidding consortium will generate a fee bonanza for investment bankers, lawyers, debt-arrangers and assorted hangers-on. The grand total is £146m before VAT, with £89.1m falling on the acquirer and £56.9m on …
Read More »Kretinsky mulls giving Royal Mail staff a stake as part of £3.6bn deal
Wednesday 26 June 2024 5:59 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email The Government has the power to block the deal altogether, with Business Secretary Kemi Badenoch already indicating that any acquisition will come under …
Read More »People in this town aren’t getting mail because of seagull attacks | National News
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Read More »Royal Mail postal deliveries interrupted by aggressive swooping seagulls
A spokesperson for the Royal Mail told residents in a letter: “As you may be aware, we are currently experiencing some difficulties safely delivering to you and your neighbour due to seagulls in the area, swooping at delivering staff in order to protect their young. Source link
Read More »People in this town aren’t getting mail because of seagull attacks
By Lauren Beavis via SWNS Postal workers should be given ‘hard hats’ to protect them from seagulls according to residents who have stopped getting mail due to attacks. Households have stopped receiving mail due to attacks by the birds and have now called for them to be issued protection. Swooping …
Read More »Postman ‘brands Reform racists on leaflets he delivers’
Royal Mail confirmed it was aware of the incident and said it was investigating. A spokesman said: “We take our role in elections very seriously, and will investigate any incident or allegation of election material being defaced. “We are aware of the video, and are conducting immediate enquiries. It’s our …
Read More »What’s at stake in the contract for US rural letter carriers
Take up the fight against Delivering for America! Join the USPS Workers Rank-and-File Committee by emailing USPSRankandFileCommittee@gmail.com or filling out the form at the bottom of this article. Announcement of USPS’ 2024 second-quarter revenue sent over GPS tracker, submitted by a rural carrier to the WSWS. At midnight on May …
Read More »Advisers set to rake in £130m in fees during Royal Mail takeover
Advisers to Receive Hefty Fees for Royal Mail Takeover Advisers working on the highly-publicized takeover of Royal Mail’s parent company are set to receive a generous sum of over £130 million. According to sources close to the deal, International Distribution Services (IDS) and its potential owner, Czech billionaire Daniel Kretinsky, …
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