A Royal Mail lorry drives past the Warrington Royal Mail Centre. Nathan Stirk | Getty Images Royal Mail’s parent company International Distributions Services is set to agree a £3.5 billion ($4.42billion) takeover by Daniel Kretinsky if the Czech billionaire tables a formal offer, the British firm said on Wednesday. Kretinsky’s …
Read More »
LONDON, April 17 (Reuters) – Czech billionaire Daniel Kretinsky has been exploring a possible bid for the owner of the UK’s Royal Mail, which has seen its market value fall to 2.1 billion pounds , two people familiar with the matter told Reuters. Kretinsky, the largest shareholder in Royal Mail’s …
Read More »
Royal Mail has launched a new partnership with global parcel locker operator Quadient, providing customers with more choice to make sending and receiving parcels as convenient as possible. The partnership means Royal Mail customers will have access to parcel lockers for the first time. The first lockers will launch in …
Read More »
Quadient announces a multi-year contract with Royal Mail, the UK’s largest parcel delivery company, to join its open Parcel Pending by Quadient network. Royal Mail will offer its customers returns and consignments via lockers at around 200 sites from May 2024, with plans to eventually use 3,000 sites as the …
Read More »
Market Closed – London S.E. 12:35:15 2024-03-19 pm EDT 5-day change 1st Jan Change 215.9 GBX +0.70% -4.26% -20.65% March 19, 2024 at 01:22 pm EDT ROYAL MAIL GROUP LTD 2023 GENDER PAY REPORT INTRODUCTION Royal Mail Group Ltd is a leading employer in the UK, with around 130,000 employees. …
Read More »
Royal Mail has launched Future Delivered, the company’s most significant employment programme to tackle youth unemployment across the UK. Royal Mail is driving the company’s largest growth in entry level opportunities, aiming to be an employer of choice for the next generation. Young people face higher unemployment levels in the …
Read More »
International Distributions Services PLC – owner of Royal Mail – Announces tender offer for EUR500.0 million 2.375% guaranteed notes due 2024. The purpose for the tender offer is to optimise the company’s capital structure and debt profile and its subsidiaries. Current stock price: 242.30 pence, closed down 0.3% on Friday …
Read More »
Royal Mail and Skyports Drone Services have today announced the launch of the Orkney I-Port operation, a drone delivery project established in partnership with Orkney Islands Council Harbour Authority and Loganair. Royal Mail and Skyports Drone Services have established a daily inter-island mail distribution service between three islands on Orkney. …
Read More »
July 20 (Reuters) – Royal Mail’s parent group International Distributions Services on Thursday appointed Martin Seidenberg as its new group CEO. In a separate statement, IDS kept its outlook unchanged and said it was still targeting an adjusted operating profit for the group this financial year. (Reporting by Yadarisa Shabong …
Read More »
International Distributions Services plc is a United Kingdom-based provider of postal and delivery services in the United Kingdom and the United Kingdom’s designated universal postal service provider. The Company’s subsidiary, Royal Mail Group Limited, comprises the Company’s United Kingdom and international parcels and letters delivery businesses operating under the Royal …
Read More »