Digital learning firm agrees 100p per share deal – it was valued at 236p in 2021 Chairman and chief executive take alternative offer but others cannot By MIKE SHEEN Updated: 10:07 EST, 4 December 2024 AIM-listed Learning Technologies has finally agreed to a £802million takeover by a US private equity …
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By GEOFF HO Updated: 17:00 EST, 4 December 2024 Britain’s beleaguered stock market enjoyed a reprieve after a three-and-a-half year exodus as investors piled £317million into equity funds last month. Figures published yesterday by funds network Calastone showed London-listed shares enjoyed inflows for the first time since May 2021. However …
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Investigation by EU competition watchdogs into Daniel Kretinsky Scrutiny of Kretinsky’s business links to Russia intensifies Czech wants to snap up Royal Mail in £3.6bn deal By MARK SHAPLAND Updated: 21:50, 30 November 2024 Royal Mail could be saved from a rapacious takeover bid by Daniel Kretinsky by European Union competition …
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By CALUM MUIRHEAD Updated: 17:03 EST, 28 November 2024 The Czech billionaire bidding for Royal Mail could win approval for the deal from ministers in the next two weeks – raising fears over further stamp price rises. Daniel Kretinsky, who swooped with a £3.6billion offer, has agreed extra concessions for …
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By CALUM MUIRHEAD Updated: 17:20 EST, 26 November 2024 The Business Secretary appeared to shrug off concerns about the looming takeover of Royal Mail by a Czech energy tycoon. Jonathan Reynolds told MPs that billionaire Daniel Kretinsky, who swooped on Royal Mail with a £3.6billion bid earlier this year, was …
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By CALUM MUIRHEAD Updated: 17:01 EST, 21 November 2024 Royal Mail has warned of more price hikes as a result of the Chancellor’s National Insurance raid. Martin Seidenberg, head of parent company International Distribution Services (IDS), said it would need to raise prices to offset a £120million hit from measures …
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By JANE DENTON Updated: 05:50 EST, 21 November 2024 Further Royal Mail price hikes could be on the cards after the owner of the postal service flagged greater cost pressures arising from the Autumn Budget. International Distribution Services said it could not rule out price hikes and greater use of …
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By CALUM MUIRHEAD Updated: 17:19 EST, 19 November 2024 The takeover of Royal Mail by a Czech billionaire looks set to be approved by ministers. It places the postal service into foreign hands for the first time in its 508-year history. Trade union bosses representing around 100,000 posties told their …
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By LIVE COMMENTARY Updated: 06:44 EST, 20 November 2024 Consumer price inflation accelerated to its highest level since April last month, fresh data from the Office for National Statistics shows. The Consumer Price Index rose to 2.3 per cent in October from 1.7 per cent in September, higher than the …
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By CALUM MUIRHEAD Updated: 22:19, 19 November 2024 The takeover of Royal Mail by a Czech billionaire looks set to be approved by ministers. It places the postal service into foreign hands for the first time in its 508-year history. Trade union bosses representing around 100,000 posties told their members …
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