3 minutes
The UK government has approved the £3.6 billion takeover of Royal Mail's parent company, International Distribution Services (IDS), by Czech billionaire Daniel Kretinsky's EP Group. The deal includes legally binding commitments to protect Royal Mail's Universal Service Obligation (USO), which
1 minute
Royal Mail's parent company, International Distribution Services (IDS), has agreed to a £3.56 billion takeover bid by Czech billionaire Daniel Kretinsky's EP Group. The deal values the company at £5.28 billion, including debt, and would see EP Group acquire IDS for 370p per share.
2 minutes
Souter Investments has sold its controlling stake in OneSearch Direct, to Royal Mail-owned Landmark Information Group and General Trust plc (DMGT). OneSearch is a provider of property information and conveyancing solutions to solicitors and other customers throughout England and Wales.
2 minutes
Hines Global Income Trust Inc has acquired the Royal Mail sorting warehouse in Edinburgh from RPMI RailPen for around £25 million. The 215,745-square-foot facility, occupied by Royal Mail, is located on Edinburgh’s Sighthill Industrial Estate adjacent to Hermiston Gait Retail Park to the
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