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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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