The sale of the British mail company Royal Mail to the EP Group of Czech billionaire Daniel Křetínský is close to completion, and could be confirmed within the next two weeks, the BBC has reported. Křetínský’s advisors met with union representatives this week. According to some sources, union members still …
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(Alliance News) – The sale of Royal Mail owner International Distribution Services PLC to Czech billionaire Daniel Kretinsky’s EP Group could be confirmed in the next two weeks, the BBC reported on Thursday. According to BBC sources, Kretinsky has agreed to make extra concessions in order to clinch the takeover. …
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This funding is expected to turbocharge Movopack’s official launch in the UK – the company’s first expansion outside of Italy – to help tackle packaging waste. As the EU introduces legislation that will require 10% of e-commerce packaging to be reusable by 2030 (rising to 50% by 2040), Movopack said it offers …
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Exclusive: Reports say energy tycoon Daniel Kretinsky has made further concessions to finally secure a takeover of Royal Mail’s parent company A takeover of Royal Mail could be completed within weeks ( Image: PA) The postal union is close to backing a £3.6billion foreign takeover of Royal Mail’s owner. The …
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The sale of Royal Mail to a Czech billionaire is close to being finalised, after extra concessions were agreed, according to reports. Daniel Kretinsky’s EP Group agreed to buy Royal Mail parent company International Distribution Services (IDS) earlier this year. The company struck the controversial deal in May but the …
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RetailEnviroTechInvestment Movopack, a company providing eCommerce platforms with circular and sustainable packaging, has raised £2 million seed funding to launch in the UK via a partnership with Royal Mail. The company’s first expansion outside of Italy aims to help tackle a growing packaging waste crisis, where an estimated 1.7 billion …
Read More »“After a difficult few days, European markets had a spring in their step on Thursday,” says Dan Coatsworth, Investment Analyst at AJ Bell. “The FTSE 100 advanced 0.2% to 8,290, led by Admiral which jumped 3.5% on positive read-across from Aviva’s move on Direct Line. “It’s normal to see other …
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Daniel Kretinsky’s EP Group agreed to buy Royal Mail parent company International Distribution Services (IDS) earlier this year. The sale of Royal Mail to a Czech billionaire is close to being finalised, after extra concessions were agreed, according to reports. Daniel Kretinsky’s EP Group agreed to buy Royal Mail parent …
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Loss-making Royal Mail is set to be sold to Czech billionaire Daniel Kretinsky in a multi-billion pound deal. The beleaguered firm – haemorrhaging £1m a week – looks likely to end up in the hands of Mr Kretinsky’s EP Group. The sale has been formally accepted by Royal mail’s parent …
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