Britain's government is not expected to intervene should the Royal Mail owner agree to a sale with Czech billionaire Daniel Kretinsky. While the £3.5 billion takeover offer remains in its preliminary
The International Distributions Services (LON: RMG) share price went parabolic on Wednesday as it reached its highest level since May 18th 2022. It roared by over 18%, making it the best-performing co
Royal Mail is considering accepting a £3.5 billion offer from Czech billionaire Daniel Kretinsky, a month after his first bid was rejected. International Distributions Services PLC (LSE:IDS) (IDS), t
International Distributions Services said on Wednesday Czech billionaire Daniel Kretinsky's investment vehicle EP Group has raised its proposal to buy the owner of Royal Mail, valuing it at about 3.5
The Royal Mail (LON: IDS) share price has remained in a tight range in the past few days as investors assess the ongoing buyout activities. After crashing to a low of 213p in April, the stock has rebo
Royal Mail owner IDS can only be regarded as hold until the situation regarding the universal service obligation (USO) is sorted out, according to broker Peel Hunt. IDS held a seminar yesterday to dis
International Distributions Services PLC (LSE:IDS)-owned Royal Mail has ditched fines for people sending post with counterfeit stamps over claims scanners used to find these were faulty. Those receivi
Royal Mail owner International Distributions Services PLC will perhaps be surprised to have been offered a supportive lifeline from its main trade union in its effort to reduce its letter delivery re
Royal Mail owner International Distributions Services PLC (LSE:IDS) (IDS) has once again urged requirements for it to offer letter deliveries six days a week be dropped. Third-largest investor Redwh
Royal Mail owner International Distribution Services PLC has been dubbed “vulnerable to corporate predators” due to obligations requiring letters be delivered six days a week. IDS' third-largest
Hedge fund Redwheel said in a statement on Sunday that it supported Royal-Mail owner IDS' board decision to unanimously reject a non-binding share bid from EP Group on 11 April.
Deutsche Bank analysts have upgraded Royal Mail owner International Distributions Services PLC (LSE:IDS) after news broke on Wednesday of a potential takeover. IDS was bumped up from a ‘sell' to ‘
Liberum has issued a 'sell' recommendation for International Distributions Services PLC (LSE:IDS), the parent company of Royal Mail, citing significant challenges to a potential takeover, with a targe

Royal Mail parent soars as takeover rumoured

06:45am, Wednesday, 17'th Apr 2024
Royal Mail parent International Distributions Services PLC (LSE:IDS) (International Distributions Services PLC (LSE:IDS)) jumped over 16% on Wednesday, after reports emerged of a potential takeover
Czech billionaire Daniel Kretinsky has been exploring a possible bid for the owner of the UK's Royal Mail, which has seen its market value fall to 2.1 billion pounds ($2.62 billion), two people famili
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