All the updated news related to daniel kretinsky

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Government to probe Czech billionaire’s Royal Mail stake over national security

The Business Secretary has warned Royal Mail that the Czech billionaire part-owner of West Ham could face a national security probe if he raises his stake in the delivery giant to more than 25%, the company has told investors. Royal Mail told the ...

25 Aug 2022 at 15:17

City

Royal Mail owner rejects bid approach from Czech billionaire

Royal Mail owner International Distribution Services has seen shares soar higher after it was revealed the group rejected a takeover approach from shareholder and Czech billionaire Daniel Kretinsky. Mr Kretinsky’s EP Group said it put forward an ...

17 Apr 2024 at 18:47

City

Royal Mail group faces ‘no further action’ over potential security probe

Royal Mail’s parent firm has said it faces no further action months after ministers said they would launch a national security probe into the company. International Distributions Services (IDS), which was renamed from Royal Mail Group earlier ...

31 Oct 2022 at 10:02

City

Royal Mail owner accepts £3.57bn takeover offer from Czech billionaire

Royal Mail owner International Distribution Services (IDS) said it has agreed to a £3.57 billion 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 ...

29 May 2024 at 13:52

City

Who is Daniel Kretinsky, the Czech billionaire trying to buy Royal Mail?

The board of Royal Mail’s parent company has accepted a £3.57 billion offer to buy the group from Czech billionaire Daniel Kretinsky. If the deal goes through, it would see the organisation become part of Mr Kretinsky’s company, EP ...

29 May 2024 at 12:33

Commitments from firm bidding for Royal Mail takeover not strong enough – union

Postal workers leaders have told the company bidding to take over Royal Mail that commitments it has given are not strong enough. Officials from the Communication Workers Union (CWU) met representatives of the EP Group, describing ...

04 Jun 2024 at 18:33

City

Royal Mail bidder could offer staff stake in firm as part of £3.6bn deal

The Czech billionaire hoping to buy Royal Mail has confirmed he is considering offering employees a stake in the business, as his company asked shareholders to back its £3.6 billion takeover bid. Daniel Kretinsky’s EP Group set ...

26 Jun 2024 at 12:35

City

Royal Mail boosted by election postal votes and stamp price hikes

Royal Mail has seen its sales bolstered by General Election mail and stamp price hikes, despite delivering fewer letters in recent months, its parent company revealed. International Distribution Services (IDS) also said it was ...

18 Jul 2024 at 08:02

City

Cabinet Office ‘calls in’ Czech billionaire’s £3.57bn Royal Mail takeover

Czech billionaire Daniel Kretinsky’s £3.57 billion takeover deal for the owner of Royal Mail has been called in by the UK government under security rules. International Distribution Services, the parent company of Royal Mail, ...

01 Aug 2024 at 15:14

City

Royal Mail takeover by Czech billionaire ‘approved’ – report

The sale of Royal Mail’s parent company to a Czech billionaire has been approved by the Government, according to a report. The takeover by Daniel Kretinsky’s EP Group from current owner International Distribution Services ...

16 Dec 2024 at 02:13

City

Royal Mail takeover by Czech billionaire given go ahead

Royal Mail’s takeover by a Czech billionaire has been given the green light by the Government, allowing the postal service to pass into foreign ownership for the first time. It is understood that permission for the sale ...

16 Dec 2024 at 08:15

City

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

Royal Mail’s sale to Czech billionaire Daniel Kretinsky has been cleared by the Government, paving the way for the more than 500-year-old postal service to pass into foreign ownership for the first time. Business ...

16 Dec 2024 at 18:44

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