By Jessica Clark Updated: 17:00 EDT, 25 April 2024 Mining giant BHP was last night told it will need to raise its bid for Anglo American after launching an ‘opportunistic’ £31billion swoop on its Footsie rival. The offer, which analysts said could set the whole mining sector ‘on fire’, is …
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By Jessica Clark Updated: 17:03 EDT, 22 April 2024 Takeover battle: Royal mail wants permission to cut second class deliveries Royal Mail has urged regulators to allow it to cut second class deliveries as it tries to fight off a takeover by a billionaire dubbed the ‘Czech Sphinx’. Parent company …
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Bosses understood to be in regular talks about Daniel Kretinsky’s approach One of the top shareholders, Redwheel, broke cover to oppose the offer Royal Mail rejected the £3.2bn bid – or 320p per share – from Kretinsky By Jessica Clark Updated: 16:53 EDT, 21 April 2024 Royal Mail will hold …
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By Patrick Tooher Updated: 06:53 EDT, 21 April 2024 The Government left Royal Mail vulnerable to predators by delaying reforms to the postal service, senior company insiders believe. Royal Mail’s owner International Distributions Services last week rejected as ‘opportunistic’ a £3.1 billion takeover approach from Czech billionaire Daniel Kretinsky. Dubbed …
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The bookmaker says it will return to year-on-year growth in second quarter Investors are concerned about regulatory issues and the firm’s debt pile By Mike Sheen Updated: 04:43 EDT, 19 April 2024 Bookmaker 888 beat revenue forecasts in the first three months of the year thanks to a bounce in …
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By Alex Brummer In Washington and Jessica Clark Updated: 17:00 EDT, 18 April 2024 The Chancellor has voiced concerns over the proposed takeover of Royal Mail by a billionaire dubbed the ‘Czech Sphinx’ in a sign that a deal could be blocked. As analysts suggested that tycoon Daniel Kretinsky would …
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By Jessica Clark Updated: 17:00 EDT, 17 April 2024 A billionaire dubbed the ‘Czech Sphinx’ has launched an audacious swoop on Royal Mail that could see the 508-year-old postal service fall into foreign hands. Daniel Kretinsky, who co-owns West Ham United and has a stake in Sainsbury’s, has already seen …
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By Leah Montebello Updated: 18:10 EDT, 2 April 2024 Royal Mail has named a senior Heathrow executive as its next boss – just as it hikes the price of stamps for the third time in a year. Emma Gilthorpe, who is the airport’s chief operating officer, will join the delivery …
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Deal will see Royal London pay £192.5m for 50% stake in 1 Triton Square The office in Euston used to be leased by Facebook owner Meta By Daniel Fessahaye Updated: 07:25 EDT, 18 March 2024 British Land has sold half its stake in the Euston office building that was formerly …
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Victoria dates back to 1895 and holds a Royal Warrant By Jane Denton Updated: 11:54 EDT, 13 March 2024 Royal floor maker Victoria has cut 1,170 jobs, equating to 16 per cent of its workforce, as the London-listed group continues to suffer weak demand. Geoff Wilding, the group’s chairman, acknowledged …
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