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Tag Archives: Royal Mail

Royal Mail £3.6bn takeover will trigger fees bonanza for bankers and advisors – including ex-Labour bigwig Chuka Umunna – as concerns mount over the sale of the British institution

By Jessica Clark Published: 17:32 EDT, 17 June 2024 | Updated: 17:58 EDT, 17 June 2024 The takeover of Royal Mail will trigger a fees bonanza for bankers and advisers – including ex Labour frontbencher Chuka Umunna. Royal Mail’s owner International Distribution Services (IDS) is being bought by Daniel Kretinsky, …

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Royal Mail £3.6bn takeover by Czech billionaire Daniel Kretinsky raises fears of second-class post as small businesses call for ‘thorough’ scrutiny of deal

Postal company set to fall into ­foreign hands for first time since it began in 1516 Small businesses are calling on ministers and regulators to enforce protections  They are concerned Mr Kretinsky will press ahead with plans to reduce service  By Emily Hawkins Published: 17:28 EDT, 16 June 2024 | …

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