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Tag Archives: Markets

GLS sells US freight operations ahead of IDS takeover

International Distributions Services PLC – London-based letter and package carrier and owner of Royal Mail, Parcelforce and General Logistics Systems – International parcel division GLS Group sells its US freight divisions, GLS US Freight Inc and GLS US Business Solutions Inc, to DC Logistics LLC. Provides no financial details of …

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UK to review Daniel Kretinsky’s Royal Mail takeover bid – BBC

LONDON, Aug 1 (Reuters) – The British government has called in Czech billionaire Daniel Kretinsky’s takeover bid for Royal Mail for closer scrutiny under the National Security and Investment act, the BBC reported on Thursday. Royal Mail’s owner International Distribution Services agreed to 3.57 billion pound ($4.56 billion) takeover by …

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Royal Mail parent IDS posts 8.2% rise in first-quarter revenue

(Reuters) – International Distribution Services (IDS), the owner of Britain’s Royal Mail, reported an 8.2% rise in revenue for the first quarter of fiscal 2025 on Thursday, supported by strong parcel demand and more postal votes during the UK elections. IDS, which agreed to a 3.57-billion-pound ($4.63 billion) takeover by …

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International Distribution Services : 2024 Form of Proxy

Market Closed – London S.E. 11:35:13 2024-06-21 am EDT 5-day change 1st Jan Change 319 GBX -1.24% -2.15% +17.24% June 21, 2024 at 08:46 am EDT 2024 Annual General Meeting Attendance Card 2024 Annual General Meeting Proxy Form Shareholder Reference Number Notice of availability The 2024 Notice of Annual General …

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