Tag Archives: Royal Mail

International Distributions Services plc, the owner of Britain’s 500-year old postal service and courier company Royal Mail, has agreed to a takeover offer by EP Corporate Group, owned by Czech billionaire Daniel Kretinsky. The total deal value is around 3.568 billion pounds on a fully diluted basis, while enterprise value …

The takeover deal will still need to be approved by International Distribution Services (IDS)’s shareholders at the September annual general meeting. ADVERTISEMENT The owner of Royal Mail confirmed on Wednesday that it had accepted a £3.6 billion ($4.6 billion) takeover offer from the Czech investor, Daniel Křetínský. Under the deal, Křetínský’s …

The takeover of International Distribution Services (IDS), the parent firm of Royal Mail, was completed this week after the conclusion of discussions that began in April. The IDS board had said it was “minded to” accept a bid at the price agreed on Wednesday, which is 370p per share.  Keith Williams, …

Royal Mail will be taken over by a Czech billionaire after it accepted a £3.6bn takeover offer. The board of parent company International Distributions Services (IDS) on Wednesday said it has recommended an offer of 370p per share from Daniel Křetínský. The offer consists of 360p in cash, plus a …

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 …

Who is Daniel Křetínský, the Czech billionaire buying Royal Mail? … Czech billionaire Daniel Křetínský is set to be the next owner of Royal Mail, … Source link

David Lavin and Nick Uttley have entered Daily Mail Foursomes for the first time Duo first met through work at the Royal Mail and have since ‘played golf together They beat Hesketh after finally getting the better the of them at the 21st hole By Tara Anson-walsh Published: 18:15 EDT, 28 May …

David Lavin and Nick Uttley have entered Daily Mail Foursomes for the first time Duo first met through work at the Royal Mail and have since ‘played golf together They beat Hesketh after finally getting the better the of them at the 21st hole By Tara Anson-walsh Published: 18:15 EDT, 28 May …

Royal Mail is poised to accept a £3.5bn takeover offer from Czech billionaire Daniel Kretinsky, paving the way for the postal service to fall into foreign ownership for the first time in its 500-year history. The board of parent company International Distributions Services (IDS) is expected to recommend a firm …

Minister for Disabled People, Health and Work, Mims Davies MP, has recently highlighted that the Department for Work and Pensions (DWP) has managed to cut down the waiting times for Personal Independence Payment (PIP) appeals to just 39 days. The improvement, according to Ms Davies, is due to enhanced “processes …