(Alliance News) – International Distribution Services PLC on Wednesday said it expects Royal Mail to return to profitability this financial year as its takeover deal presses ahead. London-based IDS, which owns Royal Mail, reported a positive performance for the three months to the end of December, with revenue growing 0.8% …
Read More »(Bloomberg) — Czech billionaire Daniel Kretinsky’s industrial holding agreed to buy Enel’s stake in Slovenske Elektrarne, Slovakia’s main energy utility that also owns nuclear power plants. Kretinsky’s Energeticky a Prumyslovy Holding AS will acquire the remaining 50% stake in Slovak Power Holding BV from Enel Produzione SpA, exercising an early …
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Royal Mail today issues its Universal Service Obligation (USO) Quality of Service report for First and Second Class mail for Q2 2024-25. Over the quarter from 1 July to 29 September 2024, Royal Mail delivered 76.3% of First Class mail within one working day, 92.1% arriving within two days and …
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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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(Bloomberg) — Ingredients company Tate & Lyle Plc surged after the Financial Times reported that buyout group Advent International is preparing a takeover bid. Shares in the London-listed supplier to food producers rose more than 12% on the report, giving the company a market capitalization of about £3.2 billion ($4.2 …
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Royal Mail today announced the launch of a new campaign in the run-up to Christmas, highlighting the variety of ways customers can send parcels through the company’s expanded range of drop off and collection options. Created by AMV BBDO, the “Send It Your Way” campaign shows how Royal Mail has …
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Market Closed – London S.E. 11:35:22 2024-09-25 am EDT 5-day change 1st Jan Change 342.40 GBX -0.17% +0.06% +25.84% September 25, 2024 at 10:03 am EDT International Distribution Services plc (Incorporated in England and Wales) Company Number: 8680755 LSE Share Code: IDS ISIN: GB00BDVZYZ77 LEI: 213800TCZZU84G8Z2M70 25 September 2024 Results …
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(Bloomberg) — Australian real estate listing provider REA Group Ltd. presented a £5.6 billion ($7.3 billion) takeover proposal for Rightmove Plc that was rejected by the UK’s biggest property portal by market value. REA, part of media mogul Rupert Murdoch’s empire, made a preliminary cash-and-stock proposal valued at 705 pence …
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(Bloomberg) — UK-listed companies continue to be targeted by foreign bidders amid cheap valuations, potentially fanning concerns about a shrinking London market. The agreement for Colorado-based AngloGold Ashanti Ltd. to buy Centamin Plc marks the 12th foreign takeover of a FTSE All Share Index company announced this year, including deals …
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Royal Mail today issues its Universal Service Obligation (USO) Quality of Service report for First and Second Class mail for Q1 2024-25. Over the quarter from 1st April to 30th June 2024, Royal Mail delivered 94.1% of Second Class mail within three working days and 79.1% of First Class mail …
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