The City’s betting the Royal Mail bid gets lost in the post. But will it? May 29, 2024 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: Analysts bet Kretinsky £3.5bn takeover is blocked despite board OK May 29, 2024 Royal Mail owner IDS has given the OK to a higher offer from 'Czech Sphinx' Daniel Kretinsky, with a host of safeguards now in place
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.
Kemi Badenoch threatens to block Royal Mail deal to foreign owners unless guarantees are issued May 17, 2024 Kemi Badenoch has issued warnings to the Royal Mail that she will block any foreign buyer unless cast-iron guarantees are put in place
Royal Mail owner ‘minded’ to accept raised £3.5bn takeover offer by Czech billionaire May 15, 2024 Royal Mail owner International Distribution Services (IDS) announced on Wednesday that it is "minded" to accept a raised takeover offer worth around £3.5bn from Czech billionaire Daniel Kretinsky.
Royal Mail continues drive to scrap Saturday post after union bends April 30, 2024 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.
The week that was: London woes, hedge funds short on water, and confusing jobs data April 20, 2024 Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.
‘Czech Sphinx’ West Ham director makes bid for Royal Mail owner IDS April 17, 2024 EP Corporate Group submitted a proposal to IDS's board last week, seeking to purchase all outstanding shares.