This earnings season may be winding down but there are still a number of big-name companies reporting in the coming week. All eyes will be on chipmaker Nvidia (NVDA), as investors eagerly await its latest quarterly results, to see if it can deliver another set of strong results as a …
Read More »By Yadarisa Shabong May 29 (Reuters) – The owner of Britain’s Royal Mail has agreed to a 3.57 billion pound ($4.55 billion) takeover by Czech billionaire Daniel Kretinsky, it said on Wednesday, in a take-private deal of one of the world’s oldest postal firms. The offer valued International Distributions Services …
Read More »International Distributions Services plc, the owner of Britain’s 500-year old postal service and courier company Royal Mail, has agreed to a takeover offer by EP Corporate Group, owned by Czech billionaire Daniel Kretinsky. The total deal value is around 3.568 billion pounds on a fully diluted basis, while enterprise value …
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ROYAL MAIL’s future is “again under threat,” the CWU warned today after the owner of the privatised service welcomed an improved £3.5 billion takeover offer from Czech billionaire Daniel Kretinsky. Parent company International Distribution Services (IDS) said that Mr Kretinsky’s EP Group had agreed to offer a set of “contractual …
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After acquiring a 27% stake in West Ham United, it’s only a matter of time before Daniel Kretinsky takes complete control over the club. That’s according to talkSPORT’s Simon Jordan, who also compared the Czech billionaire’s Hammers swoop to how Arsenal owner Stan Kroenke started accumulating shares before eventually taking …
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