The offer would see EP Group buy IDS for 370p per share, while offering a series of “contractual commitments and intentions” to protect public…
Royal Mail owner International Distribution Services said it has agreed to a £3.57bn takeover offer from Czech billionaire Daniel Kretinsky’s EP Group
The offer would see EP Group buy IDS for 370p per share, while offering a series of “contractual commitments and intentions” to protect public service aspects of the Royal Mail.
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Royal Mail owner accepts £3.5bn takeover bid from Czech billionaireIt comes days after regulators launched an investigation into Royal Mail after it delivered less than three quarters of first class post on time in the last year
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Royal Mail's owner says it would be 'minded' to agree takeover by Daniel Kretinsky: Czech...The mogul - known as the Czech Sphinx - had until 5pm today to walk away or make a bid for International Distributions Services (IDS).
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Ministers 'not planning to intervene' in Royal Mail takeover after 'Czech Sphinx' Daniel Kretinsky...In a move that sent shockwaves through the City and Westminster, the board of its parent company backed a £3.5billion takeover offer from a billionaire dubbed the 'Czech Sphinx'.
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Ministers 'not planning to intervene' in Royal Mail takeover after 'Czech Sphinx' Daniel Kretinsky...In a move that sent shockwaves through the City and Westminster, the board of its parent company backed a £3.5billion takeover offer from a billionaire dubbed the 'Czech Sphinx'.
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