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Royal Mail stamp prices could rise, warns Czech Sphinx
06:13am, Monday, 03'rd Jun 2024
Royal Mail stamp prices could continue to surge in the coming years, its potential buyer Daniel Kretinsky warned over the weekend. Kretinsky, known as the ‘Czech Sphinx', warned that costs at the po
Royal Mail's buyer could scrap jobs and postboxes
05:21am, Friday, 31'st May 2024
Royal Mail's buyer has said he plans to shake up the structure of the postal service, which could lead to thousands of jobs being cut and the removal of thousands of red pillar boxes. Kretinsky, the
How Billionaire Kretinsky Plans to Save the UK's Royal Mail
12:46pm, Thursday, 30'th May 2024
Czech billionaire Daniel Kretinsky plans to fund the takeover of International Distribution Services Plc, owner of the UK's Royal Mail, with both equity and debt. He speaks to Bloomberg's Irene Gar
Chancellor says Czech promises not to break up Royal Mail can be extended if needed
06:43am, Thursday, 30'th May 2024
Chancellor of the Exchequer Jeremy Hunt said the promises made by Daniel Kretinsky not to break up Royal Mail could be extended by the government. After his £3.6 billion takeover offer for Internat
Royal Mail, GLS need sizable investments soon, billionaire suitor Kretinsky says
01:59pm, Wednesday, 29'th May 2024
Royal Mail and its international parcels network GLS need sizable, almost immediate investments to defend market share and face shifting market trends, Czech billionaire Daniel Kretinsky told Reuters
Royal Mail takeover still faces considerable political roadblocks
07:42am, Wednesday, 29'th May 2024
With Royal Mail owner International Distributions Services PLC (LSE:IDS) agreeing to a formal offer from the Czech Sphinx Daniel Křetínský's EP Group, Britain's iconic mail service, user of the roy
Owner of U.K.'s Royal Mail says it accepted a takeover offer from a Czech billionaire
05:30am, Wednesday, 29'th May 2024
The owner of Britain's Royal Mail said Wednesday it has accepted a 3.6 billion pound ($4.6 billion) takeover offer from Czech investor Daniel Křetínský.
Royal Mail receives formal takeover bid from ‘Czech Sphinx' Křetínský
02:31am, Wednesday, 29'th May 2024
Royal Mail owner International Distributions Services PLC (LSE:IDS) has recommended that shareholders accept a takeover bid orchestrated by the ‘Czech Spinx' Daniel Křetínský. The bid for IDS, fo
Kretinsky poised to make firm offer for Royal Mail owner, source says
01:41pm, Tuesday, 28'th May 2024
Royal Mail's parent company International Distributions Services (IDS) is set to recommend a firm offer by Czech billionaire Daniel Kretinsky, a person with knowledge of the situation said.
Royal Mail's delayed prelims fail to impress the City - here's why
07:03am, Tuesday, 28'th May 2024
Delayed prelims from Royal Mail owner International Distributions Services PLC (LSE:IDS) met with a collective 'meh' from City analysts digging deeper into the release. Auditors were cited for the h
Royal Mail owner IDS fails to deliver results on time
08:35am, Thursday, 23'rd May 2024
The owner of Royal Mail, International Distributions Services PLC (LSE:IDS), has not published its final results on time. IDS had scheduled the numbers to be reported at 7am this morning, Thursday 23
Royal Mail second-class postal deliveries set for cut under takeover
04:28am, Monday, 20'th May 2024
International Distributions Services PLC (LSE:IDS)-owned Royal Mail could see letter delivery obligations slashed under a prospective takeover by Daniel Kretinsky's EP Group. According to The Sunday T
Royal Mail takeover to face national security checks, says Hunt
06:22am, Friday, 17'th May 2024
Royal Mail's takeover will be analysed from a national security standpoint should shareholders accept the offer, chancellor Jeremy Hunt said. Czech billionaire Daniel Kretinsky is closing in on acqui
Royal Mail owner's report looms as takeover appears near
04:36am, Friday, 17'th May 2024
Royal Mail owner International Distributions Services PLC (LSE:IDS) will unveil full-year results next Thursday, 23 May as speculation looms over a potential takeover. Daniel Kretinsky's EP Group had
Bid for Royal Mail owner IDS gets highly sceptical reaction from analysts
05:16am, Thursday, 16'th May 2024
After Royal Mail owner International Distributions Services PLC received a revised takeover proposal from 'Czech Sphinx' Daniel Kretinsky's EP Group yesterday, some analysts are sceptical that the
