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Tag Archives: Royal Mail

Royal Mail issues ‘cut off’ warning to UK households

It’s time to mark your calendars as Royal Mail has rolled out its “cut off” dates for Christmas deliveries, impacting UK households amid rising postal costs. In a recent notice, the mail service emphasised: “Allow plenty of time for posting. Please post items and gifts for Christmas early, particularly for …

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Daily first class mail service secured in £3.6 bn Royal Mail takeover

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UK clears Czech billionaire Daniel Kretinsky to buy Royal Mail

STORY: The British government approved a multi-billion dollar takeover of the country’s iconic postal service Royal Mail on Monday (Dec 16). EP Group – owned by Czech billionaire Daniel Kretinsky – has bid $4.5 billion for International Distribution Services – or IDS – which is Royal Mail’s parent. IDS agreed …

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UK approves Daniel Kretinsky’s $6.7 billion bid for Royal Mail parent, FT reports

(Reuters) -The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) takeover of Royal Mail owner International Distribution Services, the Financial Times reported on Monday. The approval is set to be announced as early as Monday morning, the report said, citing people familiar with the matter. International Distribution …

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