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At Close: Apr 29, 2026
Royal Mail bid facing security review by Cabinet
08:57am, Friday, 02'nd Aug 2024
Royal Mail's takeover by Cech billionaire Daniel Kretinsky is facing a national security probe, according to reports last night. PA reported that the Cabinet Office was reviewing the offer under the N
Carpetright failure leaves Royal Mail, Microsoft owed millions
06:55am, Wednesday, 31'st Jul 2024
Royal Mail and Microsoft Corp (NASDAQ:MSFT) are among those collectively owed £213 million following Carpetright's collapse, reports have said. The postal service and technology giant could receive l
Evri joins Royal Mail in receiving private equity takeover offer
11:12am, Thursday, 25'th Jul 2024
Apollo Global Management (NYSE:APO) is taking British parcel giant Evri (formerly Hermes) off the hands of private equity rival Advent International for £2.7 billion. In announcing the deal, Ranjan S
Royal Mail makes solid progress; eyes a return to profitability
03:25am, Thursday, 18'th Jul 2024
Royal Mail's parent International Distributions Services PLC (LSE:IDS) said the delivery business benefited from a double boost in the first quarter of its financial year - from stamp price rises an
International Distribution Services Stock: A Royal $4.4 Billion Buyout Offer For Royal Mail Parent
05:17pm, Tuesday, 16'th Jul 2024
Expanding coverage in freight and logistics to assess investment opportunities and bottlenecks. International Distribution Services operates Royal Mail and GLS, facing challenges in mail delivery and
Billionaire Royal Mail bidder vows to keep six-day-a-week postal service
03:10am, Tuesday, 16'th Jul 2024
Billionaire Daniel Kretinsky, who is looking to acquire Royal Mail owner International Distributions Services PLC (LSE:IDS) in a £3.6 billion deal, has vowed to maintain the six-day postal service
Royal Mail trains confined to history as it switches to road
10:00am, Wednesday, 10'th Jul 2024
International Distributions Services PLC (LSE:IDS) will no longer transport the mail in its own trains it announced today, confirming that no replacements will be bought when the current rail fleet
Royal Mail to cut number of freight flights in half
03:26am, Monday, 08'th Jul 2024
Royal Mail will push ahead with its transformation despite a £3.57bn takeover, said international Distributions Services PLC (LSE:IDS) CEO Martin Seidenberg, quoted in the Guardian. The revamp, the
Royal Mail bidder offers to buy all staff shares
04:06am, Wednesday, 26'th Jun 2024
Royal Mail bidder Daniel Kretinsky has urged over 100,000 former and current employees of the postal service to sell him their shares as he looks to have his offer approved. Kretinsky's investment g
Royal Mail faces class action claim for abusing dominance
02:56am, Friday, 21'st Jun 2024
Royal Mail owner International Distributions Services PLC (LSE:IDS) is facing a £878 million class action claim over allegations of abusing its dominant position in the bulk mail market. The claim,
Royal Mail union boss sets sights on employee-ownership model
07:34am, Thursday, 13'th Jun 2024
Union bosses representing Royal Mail workers are hoping that potential buyer Daniel Kretinsky would be open to giving staff part-ownership through a collective employee trust. Taking a leaf out of Joh
Royal Mail, Robinhood, Bitcoin, Premier League, Salesforce, Humane - Market Defused
01:50pm, Thursday, 06'th Jun 2024
Markets Defused aims to give an easy-to-understand and straightforward recap of the day's most engaging business and stock market news. Royal Mail targeted by Wall Street short-seller Robinhood's B
Royal Mail owner faces short bet from US hedge fund
07:28am, Thursday, 06'th Jun 2024
Royal Mail parent company International Distributions Services PLC (LSE:IDS) is being shorted by a New York hedge fund, which is likely betting on the collapse of the postal service group's £3.6 bill
Royal Mail union demands stronger commitments from bidder
07:52am, Wednesday, 05'th Jun 2024
Royal Mail union bosses have met with Daniel Kretinsky's EP Group to warn the Czech billionaire that his commitments to workers are not strong enough. Representatives of the Communication Workers Unio
Royal Mail warns Czech sale risks debt squeeze
09:56am, Tuesday, 04'th Jun 2024
Royal Mail has warned that Czech billionaire Daniel Kretinsky's debt-driven takeover could lead to billions of pounds worth of loans being called in. International Distributions Services PLC (LSE:IDS)
