The Latest Breaking News from Royal Mail

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

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

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

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.

Global stock markets remain under pressure as worries mount that interest rates will stay high for longer.

Royal Mail’s parent company IDS agrees takeover offer but BHP’s pursuit of Anglo fails

Cash offer from Daniel Křetínský’s EP Group still needs approval from shareholders and government

Shareholders will vote on the deal at International Distribution Services’s next annual general meeting in September