[ad_1] 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 billionaire Daniel Kretinsky’s EP…

[ad_1] 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 … [ad_2] Source link

[ad_1] 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 … [ad_2] Source link

[ad_1] 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. A Law360 subscription puts…

[ad_1] 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 customers, can proceed to…

[ad_1] 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 deal was expected to…

[ad_1] 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 of the company’s pensions…

[ad_1] 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 spent, The Telegraph reports….