Tag Archives: Competition and Markets Authority

The Culture Secretary has intervened and launched a probe into The Telegraph’s proposed £500 million takeover by the owner of the Daily Mail over competition concerns. It comes a month after Lisa Nandy had said she was “minded to intervene” on public interest grounds. On Thursday, she confirmed in a …

UK equities have been firmly in the crosshair of foreign suitors and private equity buyout specialists throughout 2024. Source link

(Reuters) -The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) takeover of Royal Mail owner International Distribution Services, the Financial Times reported on Monday. The approval is set to be announced as early as Monday morning, the report said, citing people familiar with the matter. International Distribution …

It’s a triumph. Instead of losing £1m a day in its core UK business, which was the statistic in June, Royal Mail got the rate down to an average of £700,000 a day across the April to September period. If that doesn’t sound much to cheer, look at the share …