By Alex Brummer for the Daily Mail Updated: 17:03 EDT, 16 May 2024 As keepers of the flame of free market capitalism, one can understand Government’s reluctance to become involved in takeovers. The notion that the £3.5billion offer by Czech sphinx Daniel Kretinsky ‘is ultimately a matter for the current …
Read More »
Ms Badenoch emphasised the importance of Royal Mail in British society – Anadolu Kemi Badenoch is to meet the Czech billionaire plotting a £3.5bn takeover of Royal Mail as she seeks assurances over the sale of a key British asset to a foreign investor. The Business Secretary will call a …
Read More »
The public can now have their say on a proposed development that would reinvigorate a “landmark” pub that dates back to the 1880s. A public notification period is now underway for the heritage-listed hotel after a development application was submitted to Noosa Council last year. The refurbishment would see the …
Read More »
Credit: shutterstock/iMac_71 Czech billionaire Daniel Křetínský appears ready to provide national security commitments to ensure his company’s proposed takeover of Royal Mail and its international parcels division goes through ahead of significant expected regulatory scrutiny. Subscribe to Global Competition Review Register for limited access Register to receive our newsletter and …
Read More »
Post & Parcel is your key to the global mail and express industry. Every day, Post & Parcel publishes breaking news stories that keep you updated with the latest trends and developments. The website also gives you the views behind the news, with expert opinion pieces, in-depth analysis and exclusive …
Read More »
Mr Seidenberg is also understood to have used the meeting, which was arranged before Mr Kretinsky’s takeover bid emerged, to lobby for reform of Royal Mail’s universal service obligation (USO). The company has submitted proposals that would see second class letters delivered just three times a week, while the six-day …
Read More »A shake-up of the postal service that could hand the owner of Royal Mail a £300m boost will not take place before the general election, it has emerged, as the company’s bosses meet ministers to discuss its proposed £3.5bn takeover by a Czech billionaire. The industry regulator, Ofcom, has been …
Read More »
The Times: The board of Royal Mail's parent company is prepared to recommend an improved £3.5bn takeover approach for the group from Daniel Kretinsky, … Source link
Read More »
The GCA has urged Royal Mail’s parent company, International Distribution Services (IDS), and EP Group to consider the interests of its members if it goes through with a sale. EP Group is owned by Czech billionaire Daniel Kretinsky. The firm already owns a 27.6% stake in IDS and a 9.9% stake in …
Read More »
Royal Mail’s parent company International Distributions Services is set to agree a £3.5 billion takeover by Daniel Kretinsky if the Czech billionaire tables a formal offer, the British firm has said. Kretinsky’s investment vehicle EP Group sweetened its bid to buy the owner of one the world’s oldest postal companies …
Read More »