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The Latest Breaking News from EP Group

Royal Mail move to scrap second class post on Saturdays to take ‘many months’

Royal Mail said it had started ‘detailed work’ ahead of rolling out the changes nationwide, but that it will continue well into 2026.

Evening Standard

Royal Mail issues warning over cuts to second-class deliveries

In its first set of figures since being taken over by EP Group, Royal Mail has returned to profit

The Independent UK

Royal Mail second-class delivery cuts will take ‘many months’ to roll out

Firm returns to profit a year after parent IDS agreed to acquisition by Daniel Křetínský’s EP Group

The Guardian - UK

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Royal Mail returns to profit after ‘year of change’

Royal Mail delivered underlying earnings, excluding voluntary redundancy costs, of £12 million for the year to March 31.

Evening Standard

Royal Mail’s delivery pledges have changed. Here’s what the company could look like in future

The last few months have been busy for Royal Mail. In late April, Czech businessman Daniel Kretinsky’s EP Group acquired its parent company, International Distribution Services, for £3.6 billion – a value well below the May 2021 peak of £6 billion.

The Conversation

Czech billionaire Kretinsky named chairman of Royal Mail after takeover

Daniel Kretinsky’s EP Group closed its £3.6bn takeover of Royal Mail’s owner earlier this month.

Evening Standard

New Royal Mail owner appoints former minister Greg Hands as adviser

Czech billionaire Daniel Kretinsky’s business EP Group, which bought the Royal Mail’s parent firm, appointed Mr Hands on Monday.

Evening Standard

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Ex-minister Greg Hands to advise Royal Mail buyer Daniel Křetínský

Former Tory MP will work with Czech billionaire’s EP Group in the UK and Germany

The Guardian - UK

Royal Mail owner’s £3.6bn takeover approved by shareholders

Investors holding 80% of the group’s share capital had approved the takeover by Wednesday afternoon, making the offer ‘unconditional’, EP announced.

The Independent UK

Royal Mail to increase price of first-class stamp to £1.70

Cost of second-class service to rise to 87p in sixth increase in little more than three years

The Guardian - UK

Royal Mail £3.6bn takeover delayed amid political woes in Romania

EP Group still needs to gain approval from officials in Romania and now expects to complete the takeover in the second quarter.

Evening Standard

Royal Mail sale to Czech billionaire gets national security clearance

The deal has been cleared on national security grounds, taking the Royal Mail a step closer to falling into foreign ownership.

Evening Standard

UK Approves Royal Mail Takeover By Czech Billionaire

Britain's centuries-old Royal Mail is set to pass into foreign ownership after the UK government Monday approved the takeover of its parent company by Czech billionaire Daniel Kretinsky's EP Group.

International Business Times

Daniel Kretinsky: The Czech sphinx billionaire buying Royal Mail

Daniel Kretinsky owns one of Britain’s most expensive homes, the 15-bedroom Heath Hall mansion in Hampstead

The Independent UK

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Evening Standard

Who is Daniel Kretinsky, the Czech billionaire buyer of Royal Mail?

Here, the PA news agency looks who Mr Kretinsky is and what the new ownership could mean for the historic British company.

Evening Standard

Royal Mail sale to Czech billionaire Daniel Kretinsky cleared by the Government

Business Secretary Jonathan Reynolds said the Government had secured a raft of legally-binding commitments with Mr Kretinsky’s EP Group.

The Guardian - UK

Royal Mail takeover by Czech billionaire Daniel Křetínský approved

UK government to retain ‘golden share’ in parent company International Distribution Services

The Guardian - UK

What will Royal Mail’s takeover mean for customers and postal workers?

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

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Top News

Czech Investor Acquires Royal Mail In .6 Billion Deal

Czech investor Daniel Kretínský's EP Group acquires Britain's Royal Mail for .6 billion, ensuring continuity of service.

The Independent UK

Owner of UK's Royal Mail says it has accepted a takeover offer from a Czech billionaire

The owner of Britain’s Royal Mail says it has accepted a 3.6 billion pound ($4.6 billion) takeover offer from Czech investor Daniel Křetínský

International Business Times

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.

Evening Standard

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

The Guardian - UK

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

Royal Mail owner received takeover offer from Czech billionaire

IDS shares rise after reports that it rejected bid from Daniel Křetínský’s EP Group

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