International Distribution Services – the parent company of Royal Mail – said on Monday that subsidiary GLS has agreed to buy a 20% stake in Greek courier firm ACS Postal Services from Quest Holdings for €74m (£62m). ACS is the largest parcel carrier in the domestic Greek parcels market and …
Read More »Travel and lodging firm Viad to sell events unit for $535 million
NEW YORK, Oct 21 (Reuters) – Travel and lodging operator Viad Corp (VVI.N), opens new tab on Monday agreed to sell its events and conferences business GES to private equity firm Truelink Capital for $535 million, according to a statement seen by Reuters. The sale of GES would leave Viad …
Read More »Royal Mail’s sister business GLS to buy 20% stake in Greece’s ACS for $80 million
This content was published on October 21, 2024 – 18:44 (Reuters) – Parcel services firm GLS, the international sister business to the UK’s Royal Mail, has agreed to buy a 20% stake in Greece’s ACS for 74 million euros ($80.06 million), their parent International Distribution Services said on Monday. Under …
Read More »Bollywood filmmaker Karan Johar’s studio sells 50% stake worth 10 bln rupees to vaccine maker’s CEO
Item 1 of 4 Director Karan Johar poses during a photo opportunity as he arrives to attend the engagement ceremony of Anant Ambani, son of Mukesh Ambani, the Chairman of Reliance Industries, and Radhika Merchant, daughter of Encore Healthcare CEO Viren Merchant, at Ambani’s Antilia residence in Mumbai, India, January …
Read More »Putting up fees is like putting up the price of a second class stamp
I was at my mum’s at the weekend, and one of the things we were both moaning about in equal measure was the failure of the Royal Mail to deliver a letter she’s been waiting on from the council. Out in Ofcom-land, the Universal Service Obligation (USO) is in trouble. …
Read More »Interest rates will sink to 2.75pc, says Goldman Sachs
Thanks for joining us. We start the week with a look at the Employment Rights Bill, which will be scrutinised in Parliament for the first time today. The leader of the TUC has urged MPs to back the reforms and make sure they leave themselves “on the right side of …
Read More »Guildford Dragon NEWS
Published on: 21 Oct, 2024 Updated on: 21 Oct, 2024 The public counter at the Guildford Delivery Office and Mail Centre in Woodbridge Meadows is said to be closing. By Hugh Coakley A member of staff at the Royal Mail Delivery Office and Mail Centre in Woodbridge Meadows has corroborated …
Read More »Shocking moment Morrisons shoppers climb over each other in battle to get to reduced food trolley
Shopper Maria Jones was left shocked by the number of people clambering over one another to grab the cheaper deals as bargain-loving shoppers were seen swarming a reduced food trolley Video Loading Video Unavailable The video will auto-play soon8Cancel Play now Bargain-hunting customers swarm to Morrisons reduced food trolley Chaos …
Read More »Soldier with ties to Fermanagh dies in Ukraine
A FORMER British soldier with close connections to Derrygonnelly has died fighting in Ukraine. Liam Love was reportedly killed in the Ukrainian city of Lyman after a confrontation with the Russian army on Wednesday, October 9. The 24-year-old would have turned 25 later this month on Saturday, October 26. “Our brave, …
Read More »GLS to acquire 20% of ACS Postal Services SMSA
International Distribution Services plc (Incorporated in England and Wales) Company Number: 8680755 LSE Share Code: IDS ISIN: GB00BDVZYZ77 LEI: 213800TCZZU84G8Z2M70 21 October 2024 International Distribution Services plc (“IDS”): General Logistics Systems B.V. (“GLS”) agrees to acquire 20% of the shares in ACS POSTAL SERVICES SMSA (“ACS”). IDS announces today that …
Read More »