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Tag Archives: news

Czech Sphinx Daniel Kretinsky warns of Royal Mail ‘death spiral’ over six-days-a-week post… as results show the company is losing £1million a day

By Leah Montebello, Business Reporter Published: 19:37 EDT, 31 May 2024 | Updated: 19:53 EDT, 31 May 2024 Royal Mail is facing a ‘death spiral’ over its obligation to deliver post six days a week, according to would-be owner Daniel Kretinsky. The billionaire – nicknamed the Czech Sphinx – described …

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Will Kate appear on Buckingham Palace balcony on June 15? Princess is ‘considering’ traditional royal lineup for Trooping the Colour parade ‘if she is feeling well enough’

The Princess of Wales is considering making an appearance on the Buckingham Palace balcony after the Trooping the Colour ceremony, it was claimed today. Royal officials confirmed yesterday that Kate will not attend the Colonel’s Review on June 8 – which is the traditional rehearsal for Trooping the Colour, held …

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Royal Mail investor speaks out to oppose ‘Czech sphinx’ Daniel Kretinsky’s £3.6billion takeover and says the current management can add more value to the struggling firm

A Royal Mail investor has spoken out to oppose ‘Czech sphinx’ Daniel Kretinsky’s £3.6billion take over of the postal firm. Jeremy Smith, a top-ten shareholder in International Distributions Services — the parent company of Royal Mail — has today said that current management can add more value to the struggling company.  …

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Inside the world of Royal Mail’s new billionaire owner Daniel Kretinsky and his glamorous partner: Businessman nicknamed the Czech Sphinx part-owns West Ham, is dating showjumper Anna Kellnerova, 27, and rented his house to Justin Bieber

Czech Billionaire Daniel Kretinsky today had his firm EP Group’s £3.57billion bid to take over Royal Mail owner International Distribution Services approved by the board. NIcknamed the ‘Czech Sphinx’ for his inscrutable nature, his purchase of IDS – which may yet be subject to government scrutiny – could take the UK’s …

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Royal Mail sale: It’s not over, warns union leader | National

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Royal Mail agrees £3.5bn takeover with Czech billionaire

73 per cent premium to pre-offer price Safeguards in place for next five years The parent company of Royal Mail, International Distribution Services (IDS), has struck a takeover deal with Czech billionaire Daniel Křetínský, having agreed to a “far-reaching package of legally binding” safeguards.  EP Group, the European industrial giant controlled …

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What went wrong for Royal Mail? How cuts to delivery days, second-class post and closed collection offices left Britain missing critical hospital appointments, without birthday cards and Christmas gifts – and what the £3.57bn Czech takeover means for YOU

Royal Mail’s latest £3.57 billion takeover bid by Czech billionaire Daniel Kretinsky’s EP Group comes against a backdrop of a £300 million operating loss, cuts to delivery days and missed targets. Royal Mail owner International Distribution Services has said it has agreed to an offer which would see EP Group …

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