Business secretary Kemi Badenoch to discuss Royal Mail bid with Czech Sphinx Politics 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.
The City’s betting the Royal Mail bid gets lost in the post. But will it? Media While it is true the Royal Mail deal may face some regulatory resistance, the alternative situation may be worse for the next government.
Royal Mail continues drive to scrap Saturday post after union bends Royal Mail Royal Mail's proposals include a slower first-class service and reducing the number of delivery days from six to three.
Union appears to support Royal Mail proposals to end Saturday post April 28, 2024 The Communication Workers Union (CWU) had been a major obstacle to Royal Mail's efforts to reduce its loss-making daily deliveries.
Royal Mail shareholder slams takeover bid as government comes under fire April 21, 2024 The second largest independent shareholder in Royal Mail's parent company, International Distributions Services (IDS), has publicly backed the company's rejection of a takeover bid.