{
Royal Mail

Companies

}

royal mail owner ids shares rise amid kretinsky takeover speculation

Shares in International Distribution Services Plc, the owner of Royal Mail, surged to a two-and-a-half year high, nearing the price proposed by Daniel Kretinsky’s EP Group amid speculation of a potential takeover. The increase of up to 2.3% followed reports that the UK government deemed Kretinsky a suitable owner, as confirmed by BBC News. Bloomberg has reached out to the UK government for further comments.
bloomberg.com
British Pound Sterling Royal Mail GBR Daniel Kretinsky
Finance & Economy, Market Report
15:53 28.11.2024
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