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Authorities confirmed Monday that the 3.6 billion-pound ($4.6 billion) takeover of Royal Mail's owner, International Distribution Services, by billionaire Daniel Kretinsky's EP Group, can go ahead.
Jody Sabral - BBC News, South East. December 18, 2024 at 10:54 AM. ... The Royal Mail has apologised to customers across Kent and East Sussex who have been experiencing long postal delays.
Royal Mail's parent company is being sold to a business controlled by Czech billionaire Daniel Kretinsky in a deal worth £3.6bn, after the Labour government approved the deal last year.
The owner of Royal Mail has accepted a £3.57 billion ($4.6 billion) takeover bid from Czech billionaire Daniel Křetínský, paving the way for the sale of one of Britain’s oldest and most ...
Picket lines have been mounted outside Royal Mail delivery and sorting offices after workers launched a 48-hour strike in a worsening dispute over pay.
[24] [25] The CWU criticised Royal Mail for "pleading poverty" despite having posted a full-year operating profit of £758 million two months before. [24] On 17 August 2022, CWU announced that members at Royal Mail had voted by 98.7% for further strike days over terms and conditions (adding to the separate dispute over pay) [26] on a 72% ...
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Royal Mail Group Limited, trading as Royal Mail, is a British postal service and courier company. It is owned by International Distribution Services . It operates the brands Royal Mail (letters and parcels) and Parcelforce Worldwide (parcels).