DARK SECRETS: 3 | Vintage Vibes

Royal Mail Owner Accepts Czech Billionaire's Takeover

Former state monopoly Royal Mail was privatized in 2013 and has since seen its core letters business ravaged as consumers increasingly communicate online, which has conversely helped its international parcels business, GLS.

International Business Times · May 29, 2024

FTSE 100 Live 29 May: Blue-chips slide, Ocado and St James' Place in for relegation

Global stock markets remain under pressure as worries mount that interest rates will stay high for longer.

Evening Standard · May 29, 2024

BHP walks away from £39bn pursuit of Anglo American; Royal Mail agrees to £3.57bn takeover by Czech billionaire Daniel Křetínský – as it happened

Royal Mail’s parent company IDS agrees takeover offer but BHP’s pursuit of Anglo fails

The Guardian - UK · May 29, 2024

Royal Mail probe as figures reveal how much first-class post actually arrives in a day

The regulator Ofcom has launched an investigation into Royal Mail over missing post targets

The Independent UK · May 25, 2024

Royal Mail owner warns Czech billionaire’s offer could create risk around finances

IDS says a change in ownership may lead to ‘material uncertainty’ over the company’s future

The Guardian - UK · May 24, 2024

Royal Mail reform will not take place before general election, says Ofcom

Postal service shake-up takes on extra weight as Royal Mail bosses meet ministers to discuss Czech tycoon’s £3.5bn takeover bid

The Guardian - UK · May 16, 2024

Czech billionaire’s bid for Royal Mail is problematic from every angle

Tories and Labour can no longer afford to be noncommittal. Daniel Křetínský’s offer needs maximum scrutiny

The Guardian - UK · May 15, 2024

Royal Mail parent ‘minded to’ accept £3.5bn takeover bid from West Ham co-owner Křetínský

A deal would see the 500-year-old institution Royal Mail taken off the stock market just under 11 years after it was privatised in an initial public offering

Evening Standard · May 15, 2024

Royal Mail owner backs £3.5bn takeover offer by Czech billionaire

New Křetínský bid creates headache for UK government amid growing scrutiny on foreign takeovers of critical infrastructure

The Guardian - UK · May 15, 2024

Royal Mail owner’s chair seeks to charm investors after Czech billionaire’s bid

Keith Williams says £3.1bn offer from Daniel Křetínský’s EP Group is opportunistic and undervalues IDS

The Guardian - UK · Apr 22, 2024