Czech billionaire Daniel Křetínský has rejected concerns that he is only really interested in Royal Mail’s lucrative parcels business. Křetínský’s EP Group has lodged a near-£3.6bn bid for Royal Mail parent International Distribution Services, which is subject to shareholder approval and government scrutiny. In an interview with BBC business editor …
Read More »Royal Mail bidder pledges to maintain six-day letter delivery service
Daniel Kretinsky said he will honour current Royal Mail USO rules IDS agreed to a £3.57bn takeover bid from Kretinsky’s EP Group By Daniel Fessahaye Updated: 11:27 EDT, 16 July 2024 In an interview with the BBC, Czech billionaire Daniel Kretinsky said he will honour Royal Mail’s Universal Service Obligation …
Read More »Royal Mail boss gives update on plans for six day delivery service amid Czech take over deal
Royal Mail has pledged to keep its six-day delivery service running throughout the UK in a win for Britons. International Distribution Services (IDS), the postal service company’s owner, agreed to a £3.57billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group earlier this year. This takeover will see Royal Mail …
Read More »New Royal Mail owner vows to keep six-day letter deliveries
Daniel Kretinsky says he would be willing to share profits with employees – Joel Saget/AFP via Getty Images The new owner of Royal Mail has vowed to keep delivering letters six days a week in an attempt to quash concerns that the service could be reduced. Daniel Kretinsky, the Czech …
Read More »Billionaire Royal Mail buyer reveals future of six-day delivery service | UK | News
Royal Mail‘s prospective new owner has vowed to protect the service’s requirement to deliver letters six days a week throughout the UK. The postal service’s owner International Distribution Services (IDS) agreed to a £3.57billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group in May. The move would see Royal …
Read More »Royal Mail share price outlook
Royal Mail’s potential takeover: An overview Czech billionaire Daniel Kretinsky has made a £3.6 billion offer for Royal Mail, which has been accepted by the board. The deal requires shareholder approval on 25 September and government scrutiny under the National Security and Investment Act. Business Secretary, Jonathan Reynolds, has called …
Read More »Royal Mail buyer issues update on whether postal firm will keep 6-day service
The postal service’s owner International Distribution Services agreed to a £3.57billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group in May Royal Mail shareholders will vote on the proposed takeover at their next meeting on September 27 ( Image: Bloomberg via Getty Images) Royal Mail’s soon-to-be new boss has …
Read More »New Royal Mail owner vows to keep six-day letter deliveries
The new owner of Royal Mail has vowed to keep delivering letters six days a week in an attempt to quash concerns that the service could be reduced. Daniel Kretinsky, the Czech billionaire who is buying Royal Mail’s parent company International Distribution Services (IDS) for £3.6bn, said he would not …
Read More »Sultan Ibrahim always puts the people first, says Johor Council of Royal Court president
JOHOR BARU, July 16 — His Majesty Sultan Ibrahim, the 17th King of Malaysia, has always prioritised the people’s interests, according to the Johor Council of Royal Court president Datuk Abdul Rahim Ramli. He said His Majesty dislikes wasting the people’s time and stresses efficiency during royal ceremonies or events. …
Read More »Billionaire Royal Mail bidder vows to keep six-day-a-week postal service
About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive’s editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the …
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