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International Distributions Services (IDS) Share News

UK dividends calendar - next 7 days

15th Aug 2024 14:23

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IN BRIEF: GLS sells US freight operations ahead of IDS takeover

13th Aug 2024 10:40

International Distributions Services PLC - London-based letter and package carrier and owner of Royal Mail, Parcelforce and General Logistics Systems - International parcel division GLS Group sells its US freight divisions, GLS US Freight Inc and GLS US Business Solutions Inc, to DC Logistics LLC. Provides no financial details of the disposal, which is expected to close on September 1. It comes as IDS is in the process of being acquired by EP Corporate Group AS, the vehicle of billionaire Czech businessman Daniel Kretinsky. The sale of the US freight services "is consistent with GLS US's strategy to focus on its core parcel offering". Read More

PRESS: IDS buyer has Royal Mail talks with UK business secretary

29th Jul 2024 14:28

(Alliance News) - International Distributions Services PLC buyer Daniel Kretinsky held private talks with new UK Business Secretary Jonathan Reynolds last week to reassure him on plans for postal service Royal Mail, Sky News reported on Monday. Read More

IN BRIEF: Kretinsky confirms intentions for Royal Mail after IDS buy

18th Jul 2024 14:39

International Distributions Services PLC - London-based letter and package carrier and owner of Royal Mail, Parcelforce and General Logistics Systems - EP Corporate Group AS and J&T Capital Partners AS have 30.9% acceptances for their GBP3.57 billion takeover offer for IDS, to which the IDS board agreed back in May. EP Corporate is the vehicle of billionaire Czech businessman Daniel Kretinsky. The acceptances are comprised of the 27.56% stake already held by the bidders and acceptances by other shareholders for 3.37%. Read More

LONDON MARKET OPEN: FTSE 100 opens green ahead of ECB rate call

18th Jul 2024 08:47

(Alliance News) - Stock prices in London opened higher on Thursday, after the Labour Party set out its legislative agenda in the King's Speech on Wednesday, and following unemployment data. Read More

LONDON BRIEFING: Stocks higher as rate of UK unemployment unchanged

18th Jul 2024 08:10

(Alliance News) - Stocks in London opened higher on Thursday, ahead of the next interest rate decision from the European Central Bank, and following unemployment data in the UK. Read More

Kretinsky-led Royal Mail bidder vows to maintain six-day service

16th Jul 2024 05:45

(Alliance News) - Royal Mail's prospective new owner has vowed to maintain the service's requirement to deliver letters six days a week throughout the UK. Read More

PRESS: Kretinsky-led firm to spend big on Royal Mail to take on Amazon

14th Jul 2024 11:40

(Alliance News) - Daniel Kretinsky, who is eyeing a takeover for Royal Mail's parent company International Distribution Services PLC, is planning to reduce parcel prices to be more competitive, the Telegraph reported Saturday. Read More

Capita extends Royal Mail pension contract for further six years

2nd Jul 2024 09:32

(Alliance News) - Capita PLC on Tuesday welcomed the renewal of a contract with the Cabinet Office to administer the Royal Mail Statutory Pension Scheme. Read More

Foreign takeovers of UK firms hit four-year low in early 2024

4th Jun 2024 10:58

(Alliance News) - British firms saw a sharp decrease in takeover deals by foreign companies in the last quarter, the Office for National Statistics (ONS) said. Read More

LONDON BROKER RATINGS: Berenberg ups Future; Deutsche cuts Liontrust

4th Jun 2024 09:41

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More

LONDON MARKET CLOSE: Stocks fall as US Treasury yields widen

29th May 2024 16:58

(Alliance News) - Stock prices in Europe declined on Wednesday with markets nervy ahead of US data later this week, and as investors digest hawkish words from a US central banker. Read More

LONDON MARKET MIDDAY: European stocks dip amid interest rate worries

29th May 2024 12:08

(Alliance News) - Stock prices in Europe were lower at midday on Wednesday, after positive data from the US on Tuesday threw interest rate cuts into question. Read More

TOP NEWS: Royal Mail owner IDS agrees to Daniel Kretinsky-led takeover

29th May 2024 09:16

(Alliance News) - International Distributions Services PLC on Wednesday agreed to a GBP3.57 billion takeover offer, which the IDS chair said included a "far-reaching package" of binding commitments regarding the courier's future operations in the UK. Read More

LONDON MARKET OPEN: Stocks down; Royal Mail owner IDS agrees takeover

29th May 2024 09:06

(Alliance News) - Stock prices in London opened lower on Wednesday, with eyes on a bunch of takeovers. Read More

LONDON BRIEFING: IDS agrees to takeover by Daniel Kretinsky-led group

29th May 2024 07:49

(Alliance News) - Stocks in London are called to open lower on Wednesday, as Asia heads down and after a mixed performance on Wall Street. Read More

TOP NEWS: IDS says Royal Mail on the right trajectory as loss narrows

24th May 2024 19:04

(Alliance News) - Royal Mail owner International Distribution Services PLC on Friday said "positive momentum is building" as it reported an improvement in its financial fortunes. Read More

IN BRIEF: Royal Mail owner IDS results delayed as KPMG needs more time

23rd May 2024 14:22

International Distributions Services PLC - London-based Royal Mail owner - Confirms delay to publication of results for the financial year ended March 31, which it had aimed to release on Thursday. Explains its auditor KPMG requested additional time to complete the usual standard procedures, noting that their internal reviews were late in the audit timetable. Further, IDS confirms it expects its adjusted operating profit excluding voluntary redundancy costs for the financial year to be broadly in line with its previously published guidance. Read More

Royal Mail owner fails to publish financial results; eyes takeover bid

23rd May 2024 11:51

(Alliance News) - The owner of Royal Mail has failed to publish its annual trading update, scheduled for early Thursday morning, as the group heads towards a potential overseas takeover. Read More

UK earnings, trading statements calendar - next 7 days

16th May 2024 15:45

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