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The Latest Breaking News from Daniel Křetínský

Royal Mail owner blames Labour budget for preventing return to profit

International Distribution Services’ says it will take £134m hit from budget but shows improved underlying financial performance

The Guardian - UK

Royal Mail is close to getting the reform it craved. Shareholders should now oppose the Czech takeover bid

Selling a key economic component at a so-so price always felt bizarre, but with transformative cost savings on the horizon it would be pathetic

The Guardian - UK

UK calls in Czech billionaire’s Royal Mail bid for national security review

Daniel Křetínský’s potential Russia links to be examined in scrutiny of bid’s effect on UK economic infrastructure

The Guardian - UK

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Business secretary confident of ‘market-led solution’ for Harland & Wolff

Jonathan Reynolds says he expects Royal Navy ships will continue to be built at the struggling Belfast yard

The Guardian - UK

Royal Mail revenues boosted by election and rise in stamp prices

Parent firm’s CEO defends postal service after reported delays to ballot papers, saying: ‘What we got, we delivered’

The Guardian - UK

Royal Mail to stop using its own freight trains after almost 200 years

Company to decommission its remaining trains, with plans to increase amount of post it moves by road

The Guardian - UK

Thames, Tata, Shein – it won’t be business as usual for Labour’s Jonathan Reynolds

The new business secretary will have big calls to make within a few days of sitting down at his desk

The Guardian - UK

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Fat fees for Royal Mail’s advisers, no detail for its shareholders

The offer document for proposed £3.6bn takeover of Royal Mail parent company couldn’t be more vague

The Guardian - UK

L&G to sell Glencore stake over thermal coal concerns; global economy ‘on track’ for soft landing – as it happened

Some Legal & General Investment Management funds will divest from Glencore Plc on concerns about its production of the most polluting fuel.

The Guardian - UK

Wake up, fund managers: the Royal Mail bid needs more scrutiny

Big shareholders should speak out on whether the Daniel Křetínský-led £3.6bn takeover offer represents a fair price

The Guardian - UK

Badenoch urged to scrutinise business links of Royal Mail bidder Křetínský

Business secretary is due to meet Czech tycoon to discuss a takeover the Guardian has raised questions about

The Guardian - UK

Royal Mail bidders, paradise islands and Prague properties: questions asked over Daniel Křetínský’s business links

Czech billionaire’s long-time business partners linked to controversial global property deals

The Guardian - UK

Postal workers union wants Royal Mail staff to have stake in business

CWU calls for new business model and says commitments for takeover do not ‘go far, or long enough’

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?

The Guardian - UK

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The Guardian - UK

Royal Mail’s foreign sale could put a 500-year-old national service in jeopardy

Czech tycoon’s private buyout of UK postal group would come with very limited assurances – and a weight of added debt

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

The Guardian - UK

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

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The Guardian - UK

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

Evening Standard

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

The Guardian - UK

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

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

UK to look at security implications of Křetínský Royal Mail bid

Jeremy Hunt indicates ministers not opposed to offer from Czech billionaire in principle

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

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

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