International Distributions Services plc is a holding company, which is engaged in providing postal and delivery services across its extensive networks. The Company operates through its subsidiary, Royal Mail Group Limited (RMGL), and General Logistics Systems B.V. (GLS). RMGL operates the parcels and letters delivery business under the Royal Mail …
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(Reuters) – Britain’s communications regulator Ofcom is investigating International Distribution Services-owned Royal Mail over its failure to meet its delivery targets for the financial year 2023-24, the regulator said on Friday. Under Ofcom’s rules, Royal Mail is required to meet performance targets across the whole financial year, such as delivering …
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LONDON, May 17 (Reuters) – Any takeover bid for Britain’s Royal Mail would be subject to “normal” national security scrutiny but it would not be opposed in principle, finance minister Jeremy Hunt said on Friday. Royal Mail’s owner, International Distributions Services , said on Wednesday it would recommend a 3.5 …
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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 …
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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 …
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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 …
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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 …
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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. …
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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 …
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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 …
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