Czech billionaire Daniel Kretinsky is to become chairman of the Royal Mail, it was confirmed on Friday, a month after taking parent International Distribution Services private in a £3.6bn deal. The tycoon is joining the IDS board as a non-executive, along with three other directors, becoming chair of both. He …
Read More »Royal Mail owner IDS delays results amid takeover bid
Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results – which were originally due on Thursday morning – after auditor KPMG requested additional time to complete procedures. “The group’s auditor, KPMG, has requested additional time to complete the …
Read More »JPMorgan upgrades Ladbrokes owner Entain, downgrades 888
JPMorgan Cazenove upgraded Ladbrokes owner Entain on Tuesday and downgraded 888 Holdings as it took a look at the onling gaming sector. The bank upgraded Entain to ‘overweight’ from ‘neutral’ and lifted the price target to 1,852p from 1,628p given that its non-US assets now trade at a discount to …
Read More »Rarest Canadian coin – the 1911 silver dollar – on display this weekend in Mississauga
The 1911 silver dollar, a very rare coin, will be on display this weekend in Mississauga at a coin expo. Handout Rare currency expert Alfredo Cimino has never seen the 1911 silver dollar, but he’s heard of it. Everyone in the business has. Nicknamed the Emperor or Holy Grail of …
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