The owners of Royal Mail have agreed to a multi-billion pound takeover bid by Czech billionaire Daniel Kretinsky. The company’s parent firm International Distribution Services (IDS) said its board of directors had approved the deal after a formal offer was made earlier this month. It said the agreement included a …
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The board of Royal Mail owner International Distribution Services said it has agreed to a £3.57bn takeover offer from Czech billionaire Daniel Kretinsky. Under the deal, Mr Kretinsky has agreed for Royal Mail to deliver first-class post six days a week for the next five years. 5 things to start …
Read More »Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Czech billionaire Daniel Křetínský has reached an agreement to buy the owner of Royal Mail in a deal valuing the group at £5.2bn, as he pledged to revive the fortunes …
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A Royal Mail lorry drives past the Warrington Royal Mail Centre. Nathan Stirk | Getty Images Royal Mail’s parent company International Distributions Services said on Wednesday it had agreed to a 3.57 billion pound ($4.55 billion) formal takeover offer by Czech billionaire Daniel Kretinsky. The offer valued IDS, which owns …
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David Lavin and Nick Uttley have entered Daily Mail Foursomes for the first time Duo first met through work at the Royal Mail and have since ‘played golf together They beat Hesketh after finally getting the better the of them at the 21st hole By Tara Anson-walsh Published: 18:15 EDT, 28 May …
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Kretinsky poised to make firm offer for Royal Mail owner, source says By Amy-Jo Crowley LONDON, May 28 (Reuters) –Royal Mail’s parent company International Distributions ServicesIDSI.L (IDS) is set to recommend a firm offer by Czech billionaire Daniel Kretinsky, a person with knowledge of the situation said. An announcement is …
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By Amy-Jo Crowley LONDON (Reuters) -Royal Mail’s parent company, International Distributions Services (IDS), is set to recommend a firm offer by Czech billionaire Daniel Kretinsky, a person with knowledge of the situation said. An announcement is expected on the fate of the bid for one of the world’s oldest postal …
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David Lavin and Nick Uttley have entered Daily Mail Foursomes for the first time Duo first met through work at the Royal Mail and have since ‘played golf together They beat Hesketh after finally getting the better the of them at the 21st hole By Tara Anson-walsh Published: 18:15 EDT, 28 May …
Read More »Stay informed with free updates Simply sign up to the Energy sector myFT Digest — delivered directly to your inbox. Scott Sheffield, the former chief executive of Pioneer Natural Resources accused of colluding with Opec to restrict oil production, hit out at the US Federal Trade Commission on Tuesday and …
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Royal Mail’s parent company, International Distributions Services IDS (IDS), is set to recommend a firm offer by Czech billionaire Daniel Kretinsky, a person with knowledge of the situation said. An announcement is expected on the fate of the bid for one of the world’s oldest postal companies before a May …
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