Page 6 - Rep Group News Today

Royal Mail owner International Distributions Services PLC (LSE:IDS) will unveil full-year results next Thursday, 23 May as speculation looms over a...

London open The FTSE 100 is expected to open six points lower on Friday, having closed down 0.09% on Thursday at 8,438.65.

The number of UK bank branches that have shut their doors for good over the last nine years will pass 6,000 on Friday, and by the end of the year the pace of closures may leave 33 parliamentary constituencies – including two in London – without a single branch. The tally is being published by the consumer group Which? as it seeks to make the “avalanche” of closures and the “disastrous” impact they can have on local communities an electi...

Daniel Kretinskys bid for the service would just be another finger in a series of British pies for the business mogul - with stakes aplenty in West Ham and supermarket Sainsburys.

 The Board of IDS has confirmed  that it has received a revised non-binding proposal from EP Corporate Group a.s.  fworth about £3.5bn from shareholder and Czech billionaire Daniel Kretinsky.

Royal Mail is on the brink of a takeover by Czech billionaire Daniel Kretinsky after the board said it was minded to accept a £3.5bn bid.

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

The owner of Britain’s embattled Royal Mail is poised to accept a £3.5 billion ($4.4 billion) takeover bid from a Czech billionaire, raising fears about the fate of thousands of workers and a key national service.

Business Secretary seeks assurances over sale of British asset to foreign investor

Kemi Badenoch met Martin Seidenberg, the chief executive of International Distributions Services, to hear details of contractual undertakings in offer