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He said Royal Mail is “part of the fabric of UK society and has been for hundreds of years”. ... Shares in IDS rose 3.7% in morning trading to 333p a share, still below the offer price of 370p ...
But since then, its share price has been sluggish. The renamed International Distribution Services holding company, which owns Royal Mail, trades at 357 pence per share, little changed from the ...
The sale of Royal Mail's parent company to a Czech billionaire has been approved by the government. The £3.6 billion takeover by Daniel Kretinsky's EP Group will be announced on Monday morning ...
International Distribution Services plc (formerly Royal Mail Limited, Royal Mail plc and International Distributions Services plc) is a British company providing postal and courier services. The UK government initially retained a 30% stake in the company, [ 4 ] but sold its remaining shares in 2015. [ 5 ]
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).
Under its service obligations, Royal Mail must deliver letters six days a week to all 32 million addresses in the UK for the price of a stamp – a requirement stipulated by law under the Postal ...
Back served as the CEO of GLS for 18 years before taking over as Royal Mail Group CEO in 2018. [9] As CEO of Royal Mail Parcels (2016 to 2018), Back was responsible for all international activities as well as the national parcel business. He succeeded Moya Greene as Royal Mail CEO when she retired in June 2018. He received the same £790,000 ...
The government has cleared the way for the sale of Royal Mail's parent company to a Czech billionaire. Daniel Křetínský's company, EP Group, will gain control of the 500-year-old postal service ...