The takeover bid for Royal Mail’s parent group has cleared two more regulatory hurdles, and trading at the business continues to improve. EP UK Bidco’s £3.6bn offer for International Distribution Services (IDS) has now gained merger control clearance from the European Commission and from the USA Committee on Foreign Investment. …
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Privatised postal giant Royal Mail increased the price of a first class stamp to £1.65 in October – and there are fears of another increase to come Letter volumes continued to tumble after price of a first class stamp jumped by 30p ( Image: Getty Images) Royal Mail saw the …
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The owner of Royal Mail has said it received a fillip from parcel deliveries over Christmas, putting it on track to return to annual profit, as its £3.6bn takeover by the Czech billionaire Daniel Křetínský nears completion. International Distribution Services (IDS) said Royal Mail delivered more than 99% of items …
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Revenues rose 2.4% across Royal Mail in three months to the end of December By JANE DENTON Updated: 10:36 EST, 15 January 2025 The owner of Royal Mail said it remained on track to return to annual profit after a parcel boost over Christmas. The update was revealed as the …
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ROYAL Mail workers in Mid-Ulster have been hit by the ‘Post’ Christmas blues through no fault of their own. The Courier understands that Royal Mail workers in Dungannon, Cookstown and Magherafelt have been informed their overtime has been cut with immediate effect. A Mid-Ulster Royal Mail employee contacted Cookstown UUP …
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Wednesday 15 January 2025 12:20 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Royal Mail will go into foreign hands for the first time when Daniel Kretinsky’s approved bid completes The owner of Royal Mail is …
Read More »The owner of Royal Mail has said it received a fillip from parcel deliveries over Christmas, putting it on track to return to annual profit, as its £3.6bn takeover by the Czech billionaire Daniel Křetínský nears completion. International Distribution Services (IDS) said Royal Mail delivered more than 99% of items …
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Posted By Global Banking and Finance Review Posted on January 15, 2025 (Reuters) – Britain’s International Distribution Services said on Wednesday its revenue inched 0.8% higher during the busy Christmas period as its Royal Mail business handled more international parcel volumes. (Reporting by Yadarisa Shabong in Bengaluru; Editing by Varun …
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The owner of Royal Mail said it remains on track to return to annual profit after a parcel boost over Christmas as its £3.6 billion takeover by Czech billionaire Daniel Kretinsky nears completion. International Distribution Services (IDS) (IDS.L) said Royal Mail delivered more than 99% of items that were posted …
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(Alliance News) – International Distribution Services PLC on Wednesday said it expects Royal Mail to return to profitability this financial year as its takeover deal presses ahead. London-based IDS, which owns Royal Mail, reported a positive performance for the three months to the end of December, with revenue growing 0.8% …
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