Page 5 - Rep Group News Today

The billionaire Daniel Křetínský, AKA the Czech Sphinx, is poised to buy the business – but what does he have planned?

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

IDS-M

The clock is ticking for Royal Mail's auction process, with the deadline for EP Group to make a firm offer tomorrow.

Deals this month could see two of the UK’s most prominent companies fall into foreign ownership

Royal Mails parent company, International Distributions Services , is set to recommend a firm offer by Czech billionaire Daniel Kretinsky, a person with knowledge of the situation said. ...

Royal Mail is poised to accept a £3.5bn takeover offer from Czech billionaire Daniel Kretinsky, paving the way for the postal service to fall into foreign ownership for the first time in its 500-year history.

Royal Mail owner IDS remains in an offer period following an announcement last week about the potential takeover swoop by EP Group.

Its parent company said auditors at KPMG had asked for more time to complete the results statement.

Czech billionaire Daniel Kretinsky is preparing an improved offer to try to satisfy businesses and workers