Page 4 - Rep Group News Today

The offer would see EP Group buy IDS for 370p per share, with a series of 'contractual commitments and intentions' to protect public service aspects of the Royal Mail

The board of Royal Mail's parent company has accepted a £3.57billion offer to buy the group from Czech billionaire Daniel Kretinsky, but who is the man behind the bid?

The major U.S. index futures are currently pointing to initial weakness on Wall Street on Wednesday, with stocks likely to move mostly lower following the mixed performance seen in the previous session.

Royal Mail parent company International Distributions Services’ (IDS) board has accepted a £3.6bn buyout deal from Czech billionaire Daniel Křetínský’s firm, EP Group.


ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise

A Czech billionaire has proposed purchasing the 500-year-old Royal Mail in Britain for roughly $6.73 billion with a promise to protect is more than 150,000 workers and maintain the historical relevancy of the institution

While it is true the Royal Mail deal may face some regulatory resistance, the alternative situation may be worse for the next government.

London close: Stocks end down on rate cut worries; IDS bucks trend | Financial News

Fears postal service will be carved up as Czech billionaire nears full ownership

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...