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The Latest Breaking News from IDs

Czech billionaire Kretinsky named chairman of Royal Mail after takeover

Daniel Kretinsky’s EP Group closed its £3.6bn takeover of Royal Mail’s owner earlier this month.

Evening Standard

Emma Gilthorpe resigns as Royal Mail chief executive after just a year

Move comes weeks after delivery company’s owner was sold for £3.6bn to Czech billionaire Daniel Křetínský

The Guardian - UK

Royal Mail owner’s £3.6bn takeover approved by shareholders

Investors holding 80% of the group’s share capital had approved the takeover by Wednesday afternoon, making the offer ‘unconditional’, EP announced.

The Independent UK

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Royal Mail asks Ofcom to let it offer tracking for every parcel sent in UK

Company wants regulator to remove rule preventing it from offering tracking on standard services

The Guardian - UK

Royal Mail takeover deal by Czech billionaire to be finalised this month

Daniel Křetínský clears final regulatory hurdles for £3.6bn takeover of Royal Mail parent company

The Guardian - UK

Royal Mail service ‘worst I’ve known’, say people who rely on postal deliveries

Experiences shared with the Guardian include stories of late medical letters, small business disruption and more

The Guardian - UK

Ofcom delivers relief for Royal Mail at snail’s pace – too late to stop Czech takeover

Regulator finally cuts Royal Mail some slack on its service obligations. But what if it had done so sooner?

The Guardian - UK

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Royal Mail on track to return to annual profit after strong Christmas

Owner highlights parcel deliveries performance as £3.6bn takeover by Czech billionaire nears completion

The Guardian - UK

Royal Mail sees parcel boost over Christmas as £3.6bn takeover nears completion

International Distribution Services said Royal Mail’s revenues lifted 2.4% in the three months to the end of December.

Evening Standard

Parcels of land: is the Czech Sphinx gazing at Royal Mail’s property assets?

Daniel Křetínský could be hoping to develop or sell off the company’s portfolio of about 1,800 sites

The Guardian - UK

Labour’s gamble with Royal Mail may go horribly wrong

Past talk of renationalisation gives way to approval of takeover in which price of first-class stamp could be set from Prague

The Guardian - UK

UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire

Britain’s government has approved the sale of Royal Mail’s parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its 500-year history

The Independent UK

UK Approves Royal Mail Takeover By Czech Billionaire

Britain's centuries-old Royal Mail is set to pass into foreign ownership after the UK government Monday approved the takeover of its parent company by Czech billionaire Daniel Kretinsky's EP Group.

International Business Times

Who is Daniel Kretinsky, the Czech billionaire buyer of Royal Mail?

Here, the PA news agency looks who Mr Kretinsky is and what the new ownership could mean for the historic British company.

Evening Standard

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The Independent UK

Daniel Kretinsky: The Czech sphinx billionaire buying Royal Mail

Daniel Kretinsky owns one of Britain’s most expensive homes, the 15-bedroom Heath Hall mansion in Hampstead

The Guardian - UK

Royal Mail takeover by Czech billionaire Daniel Křetínský approved

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

The Guardian - UK

Revealed: the business dealings of Royal Mail bidder Daniel Křetínský

With the Czech billionaire on the verge of a £3.6bn takeover, the Guardian looks at his dealings in Russia and elsewhere

The Independent UK

Royal Mail closes in on takeover deal after ‘concessions agreed’ – reports

Daniel Kretinsky’s EP Group agreed to buy Royal Mail parent company International Distribution Services (IDS) earlier this year.

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The Independent UK

Royal Mail owner says it cannot rule out job cuts after £120m Budget hit

It is the latest major business to caution that workers and customers could face an impact from the rise in business taxes.

The Guardian - UK

Royal Mail’s owner considering job cuts and price rises for stamps and parcels

International Distribution Services blames budget for adding £120m to annual costs through NICs increase

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 Independent UK

Voices: Should we be worried by the Russian business links of the man trying to buy Royal Mail?

With an interest in a pipeline for Russian gas, the Czech billionaire is now facing ministerial scrutiny. But that might be the least of the problems facing anyone running Britain’s postal service, writes Chris Blackhurst

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

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

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

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