Mail-sorting group’s case follows Ofcom’s findings of anti-competitive behaviour by the former state-run postal service
New owner must modernise group and repair fractured relations with workers
Daniel Křetínský believes UK postal service’s owner needs to live outside glare of public markets to survive and grow
International Distribution Services board recommends bid from its largest shareholder
Suitors for two listed corporate names must make firm offers or walk away on Wednesday
IDS reiterates it is ‘minded to recommend’ £5bn offer from Czech billionaire’s EP Group
Auditor KPMG requests more time to ‘complete the usual standard procedures’
Threat of industrial action made if Czech businessman fails to meet demands over takeover bid for Royal Mail
Were overdue reforms to take place, then the Czech tycoon’s offer looks low
Improved proposal from Czech tycoon values the former UK postal monopoly at £5bn
Discussions between the Czech billionaire’s EP Group and IDS have deepened after rejection of his initial £4.5bn offer
The Czech billionaire has a month to make a formal bid after his £4.5bn indicative offer was rejected
Plus, Elon Musk’s second try at a massive payday and Chinese law firms make a push abroad
Shares in International Distributions Services jump 29% on energy tycoon’s interest
Stock reflects the burden that an obligation to deliver letters six days a week has become
Italy’s postal service kept its post office network and financial services and has used both to good effect
Five centuries-old operation is combining automation and the human touch to compete in the fast-growing parcels market
All non-first class mail would be delivered every other weekday, according to UK mail group’s submission to regulator
Emma Gilthorpe to take over UK group facing challenge of declining letter deliveries and intensifying competition in parcel business
UK regulator outlines proposals to ease financial pressures on postal provider
Plans by former UK government-owned postal group are latest attempt to meet online shopping demand
High vacancies and substandard service levels have led to poor performance, prompting concerns about postal group’s resilience
International Distributions Services posts £319mn half-year operating loss
UK postal service does not expect to turn an adjusted profit until the financial year ending 2025
Workers at the UK postal service offered a 10 per cent pay rise over three years after months of industrial unrest
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