Business secretary Kemi Badenoch to discuss Royal Mail bid with Czech Sphinx June 6, 2024 The owner of Royal Mail, last week agreed a £3.6bn takeover by Kretinsky’s EP Group, valuing the business at just above £5.2bn.
Allen & Overy paid out £2m to settle West Ham stadium dispute January 10, 2024 Magic circle law firm Allen & Overy has paid out over £2m to settle a legal dispute with the owners of West Ham's stadium.
Royal Mail: Postal votes boost revenue at IDS as ‘Czech Sphinx’ Kretinsky commits to six-day service July 18, 2024 The owner of Royal Mail has pointed to record levels of postal votes and campaigning literature as being the forces behind sizeable increases in volumes and revenue, as its bidder re-committed to the universal service obligation for at least five years.
Evri: Chinese online retailer JD.com emerges as potential bidder for £2bn parcel delivery giant July 3, 2024 British parcel delivery company Evri could be the target of Chinese online retailer JD.com, according to reports.
Czech Sphinx plots £800m Royal Mail investment to topple Amazon in UK parcel war July 14, 2024 Kretinsky’s Royal Mail takeover has ignited a national security investigation with critics wary of a historic British institution falling into foreign hands.
Short sellers pile into Royal Mail after top investor feels the strain of war March 27, 2022 Short sellers are piling into bets against Royal Mail after the shocks of war in Ukraine put the squeeze on its largest investor, Czech billionaire Daniel Kretinsky.
Royal Mail owner finally delivers annual results… and news of an Ofcom probe May 24, 2024 Regulators have launched an investigation into Royal Mail after it delivered less than three quarters of first class post on time in the last year.
Auditor delay forces Royal Mail owner IDS to postpone annual results May 23, 2024 Royal Mail owner IDS remains in an offer period following an announcement last week about the potential takeover swoop by EP Group.
How much of West Ham could be bought with Gold up for selling a stake? October 31, 2023 Vanessa Gold has said she is willing to sell a portion of her family’s 25 per cent stake in West Ham United. Gold, daughter of David, was placed in charge of the shareholding after her father and elder sister, Jacqueline, died within two months of each other. The deal, which could see her sell 10 [...]
Royal Mail: Czech Sphinx’s six-day service pledge a litmus test for Labour July 16, 2024 The Labour party has promised to “robustly scrutinise” the first foreign takeover of the 500-year-old British institution.