The Latest Breaking News from EP Group

Cost of second-class service to rise to 87p in sixth increase in little more than three years

EP Group still needs to gain approval from officials in Romania and now expects to complete the takeover in the second quarter.

Business Secretary Jonathan Reynolds said the Government had secured a raft of legally-binding commitments with Mr Kretinsky’s EP Group.

UK government to retain ‘golden share’ in parent company International Distribution Services

The billionaire Daniel Křetínský, AKA the Czech Sphinx, is poised to buy the business – but what does he have planned?

Czech investor Daniel Kretínský's EP Group acquires Britain's Royal Mail for .6 billion, ensuring continuity of service.

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

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.

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