International Distributions Services Share News (IDS)

Eyes on election outcome as Kretinsky looks to get hands on Royal Mail

(Alliance News) - International Distributions Services PLC on Wednesday backed a takeover by Czech billionaire businessman Daniel Kretinsky, who talked up the "scale of the commitments" it gave to the UK government as it looks to get the deal over the line.

LONDON MARKET MIDDAY: European stocks dip amid interest rate worries

(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.

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

(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.

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

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

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

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

Czech's in the post as Kretinsky strikes £5.3bn deal for Royal Mail

(Sharecast News) - Royal Mail owner International Distribution Services on Wednesday said it had reached agreement with Czech billionaire Daniel Kretinsky on a takeover worth up to £5.3bn for the 500-year-old company.

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

(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.

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

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.

Royal Mail owner IDS delays results amid takeover bid

(Sharecast News) - Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results - which were originally due on Thursday morning - after auditor KPMG requested additional time to complete procedures.

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

(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.

London close: Stocks recoup some earlier losses

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

Foreign bid for Royal Mail would face security review - Hunt

(Sharecast News) - Any takeover bid for the Royal Mail owner International Distributions Services would be subject to routine national security scrutiny but it would not be opposed in principle, British Finance Minister Jeremy Hunt said on Friday.

UK earnings, trading statements calendar - next 7 days

Housing stocks push FTSE 100 to a record close

U.S. CPI data softer than expected Experian jumps on upbeat revenue growth forecast

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LONDON MARKET CLOSE: Confident trade as US inflation rate cools

(Alliance News) - Stock prices in London closed higher on Wednesday, while the dollar struggled after a softer US inflation reading and weaker retail sales data, which put pressure on the Federal Reserve to consider rate cuts soon.