Czech tycoon’s concessions to clinch his takeover could complicate efforts to turn the business into a modern postal service
State will keep ‘golden share’ in troubled postal service
Hit to IDS is one of biggest after increase in national insurance contributions announced in Budget
Regulator Ofcom says proposal would lead to ‘substantial efficiency’ at lossmaking delivery group
Banks and law firms in line for bumper payouts after working on Daniel Křetínský’s bid
New owner must modernise group and repair fractured relations with workers
International Distribution Services board recommends bid from its largest shareholder
Auditor KPMG requests more time to ‘complete the usual standard procedures’
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
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
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
Company continues to grapple with fallout from cyber attack
Postal provider warns board will consider separation of its two brands unless UK operations improve
