Deliveries have been suspended to one part of the road Royal Mail has suspended deliveries to a cul-de-sac on one Merseyside road Royal Mail deliveries have been suspended to homes in a cul-de-sac after a postman was attacked by a dog. Royal Mail confirmed it has stopped the delivery of …
Read More »Billionaire Kretinsky’s Royal Mail takeover bid delayed — TradingView News
The completion of EP Group’s takeover of Royal Mail-owner International Distribution Services IDS is likely to be delayed to the second quarter of 2025 due to regulatory issues in Romania, the company said on Wednesday. The only regulatory condition that needs resolving pertains to foreign direct investment in Romania, Czech …
Read More »FIVE at FIVE: Games Workshop impresses; Royal Mail delay; FTSE 100 up; Galliford Try surges
2. Royal Mail takeover delayed as final clearance held up. One final regulatory condition to be satisfied is needed before the offer can be declared … Source link
Read More »Royal Mail depot guided at £7.8m leads Allosp March commercial auction – Property Week
The star lot is a Royal Mail depot in Livingston, west Lothian, let at an annual rent of £780,000, which is guided at £7.8m. Meanwhile, a parade of … Source link
Read More »Royal Mail’s £3.6B Sale Awaiting Romanian Clearance
By Najiyya Budaly ( March 5, 2025, 12:18 PM GMT) — The proposed £3.6 billion ($4.6 billion) acquisition of the parent company of Royal Mail by a conglomerate controlled by a Czech billionaire is awaiting clearance in Romania, the companies said Wednesday…. Law360 is on it, so you are, too. …
Read More »Royal Mail Faces £878M Class Action Over Bulk Mail Market Abuse
In a high-stakes legal battle, the owner of Royal Mail must now confront an £878.5 million ($1.1 billion) class action lawsuit brought on behalf of 290,000 retail businesses. The Competition Appeal Tribunal (CAT) has ruled that the case, alleging Royal Mail abused its dominant market position to overcharge bulk mail …
Read More »Royal Mail takeover delayed by political crisis in Romania
The £3.6 billion takeover of the owner of Royal Mail by a Czech tycoon has been delayed by the political crisis in Romania. International Distribution Services, Royal Mail’s London-listed parent company, recommended a 370p-a-share takeover by EP Group, a conglomerate controlled by Daniel Kretinsky, to its shareholders last May. The …
Read More »Government spends Royal Mail pension pot leaving taxpayers with £45 billion bill
The government has spent the Royal Mail pension pot – costing taxpayers £4m a day. Taxpayers have been slapped with a £45billion bill for Royal Mail’s pension pots after mismanagement left the scheme with no cash to pay retirees. The Conservative Party and Liberal Democrats coalition government took over most …
Read More »Taxpayers ‘saddled’ with £45bn bill to pay off Royal Mail scheme mismanagement
Taxpayers have been slapped with a £45billion bill for Royal Mail’s pension pots after mismanagement left the scheme with no cash to pay retirees. The coalition Government took over most of the company’s pensions in 2012 ahead of privatisation. Under the Conservatives and the Liberal Democrats, the scheme’s assets were …
Read More »Green light for £1.2bn ‘bulk mail’ claim against Royal Mail owner to go to trial | Royal Mail
A £1.2bn class action claim accusing the owner of Royal Mail of abusing its “dominant position” in the market for sending bulk mail has been given the green light to proceed to trial by UK competition authorities. Bulk Mail Claim Ltd (BMCL), a recently formed company representing an estimated 290,000 …
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