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The Latest Breaking News from IDs

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.

International Business Times

FTSE 100 Live 29 May: Blue-chips slide, Ocado and St James' Place in for relegation

Global stock markets remain under pressure as worries mount that interest rates will stay high for longer.

Evening Standard

BHP walks away from £39bn pursuit of Anglo American; Royal Mail agrees to £3.57bn takeover by Czech billionaire Daniel Křetínský – as it happened

Royal Mail’s parent company IDS agrees takeover offer but BHP’s pursuit of Anglo fails

The Guardian - UK

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Royal Mail owner agrees to £3.57bn takeover by Czech billionaire

Cash offer from Daniel Křetínský’s EP Group still needs approval from shareholders and government

The Guardian - UK

Royal Mail owner approves £3.5bn takeover deal with Czech billionaire

Shareholders will vote on the deal at International Distribution Services’s next annual general meeting in September

The Independent UK

Royal Mail owner IDS accepts £3.5bn bid from West Ham co-owner Křetínský

Křetínský has agreed that Royal Mail will deliver first-class post six days a week for the next five years after the acquisition but there are no guarantees on what happens after that

Evening Standard

Royal Mail and Anglo American shareholders braced for final takeover offers

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

The Guardian - UK

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Royal Mail probe as figures reveal how much first-class post actually arrives in a day

The regulator Ofcom has launched an investigation into Royal Mail over missing post targets

The Independent UK

Royal Mail owner warns Czech billionaire’s offer could create risk around finances

IDS says a change in ownership may lead to ‘material uncertainty’ over the company’s future

The Guardian - UK

Royal Mail reform will not take place before general election, says Ofcom

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

The Guardian - UK

Czech billionaire’s bid for Royal Mail is problematic from every angle

Tories and Labour can no longer afford to be noncommittal. Daniel Křetínský’s offer needs maximum scrutiny

The Guardian - UK

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

Evening Standard

Royal Mail owner backs £3.5bn takeover offer by Czech billionaire

New Křetínský bid creates headache for UK government amid growing scrutiny on foreign takeovers of critical infrastructure

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

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The Guardian - UK

Regulators leave Royal Mail vulnerable to ‘corporate predators’, says investor

Shareholder calls for softening of postal service’s obligations after failed takeover bid by Czech billionaire for owner IDS

The Guardian - UK

Royal Mail bid from Czech billionaire should be treated with deep scepticism

Daniel Křetínský has failed to answer vital questions – and the company should not slip into private ownership from abroad

Evening Standard

Who is Daniel Křetínský? Czech billionaire gets green light to buy Royal Mail

He’s nicknamed the 'Czech Sphinx' due to his enigmatic approach to business and could buy the Royal Mail as soon as this month

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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The Guardian - UK

Royal Mail owner proposes second-class post deliveries every other weekday

IDS says it could cut nearly 1,000 jobs and save £300m a year while maintaining Monday-to-Saturday first-class service

AVNetwork

Managing Video Walls, Digital Signage with Datapath and Densitron

VSN1172 processor and the Densitron IDS platform bring the ITV News’ headquarters in London to new life.

The Guardian - UK

Royal Mail hails best Christmas for four years – but staff miss £500 bonus

Delivery company says nearly all festive deliveries arrived on time and its revenues rose

The Guardian - UK

Royal Mail launches Christmas punctuality bonus as losses soar

Postal service renews call to change universal service obligation as its revenues fall

The Guardian - UK

‘I would make a stand. For Boris. My rock’ – Nadine Dorries’ The Plot, digested by John Crace

The former minister stretches out a tale of a fiendishly fiendish Tory party conspiracy. Our sketch writer shortens the story

The Guardian - UK

Sir Gordon Conway obituary

Agricultural ecologist who was an early advocate of sustainability and helped shape policy on rural development all over the world

The Hindu

VIT-AP establishes Centre of Excellence in blockchain

VIT Univ. Chancellor G. Viwanathan inaugurated Centre of Excellence in Blockchain, in association with IDS. VC thanked Aravind Vorugandi for establishing first CoE in India. Centre equipped with state-of-the-art infrastructure to foster R&D projects. VIT-AP Univ. always in forefront of research works. Global Business Head of IDS, Trustee of VIT-Bhopal,…

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