International Distributions Services Share News (IDS)

UK sanctions cyber-crime gang it says Russia charged with attacking NATO

LONDON, Oct 1 (Reuters) - Britain said on Tuesday it had sanctioned 16 members of the Russian cyber-crime gang Evil Corp, a group it said had been tasked by Russia to conduct operations against NATO allies.

UK dividends calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Ofcom's Royal Mail review could see Saturday Second Class letters scrapped

(Sharecast News) - Communications watchdog Ofcom said on Thursday that it will assess whether certain changes to Royal Mail's Second Class letter delivery would meet postal users' needs, ahead of consulting on proposals in early 2025.

UK Ofcom review may see 2nd class Saturday letter deliveries scrapped

(Alliance News) - Royal Mail could be allowed to ditch Saturday deliveries for second class letters under an overhaul of the UK postal service being considered by the industry watchdog.

IN BRIEF: EP Corporate completes second round of financing for IDS bid

International Distributions Services PLC - London-based letter and package carrier and owner of Royal Mail, Parcelforce and General Logistics Systems - EP Corporate Group AS, the vehicle of billionaire Czech businessman Daniel Kretinsky, completes second stage of the syndication of debt financing with six banks. JP Morgan Cazenove, financial adviser to EP, is satisfied that sufficient cash resources are available to satisfy in full the cash consideration payable to IDS Shareholders under the terms of the acquisition.

Royal Mail misses watchdog's delivery targets over spring period

(Alliance News) - Royal Mail delivered less than 80% of first class post on time in the first quarter, it said on Friday, missing its delivery targets set by the communications watchdog.

UK dividends calendar - next 7 days

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

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".

Royal Mail parent IDS to offload US freight divisions

(Sharecast News) - Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.

Royal Mail parent IDS to offload US freight divisions

(Sharecast News) - Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.

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

(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.

Evri planning to add 9,000 jobs under new ownership

(Sharecast News) - Parcel delivery firm Evri announced plans to hire 9,000 new workers on Monday, in response to surging online shopping demand.

Kretinsky and UK business secretary hold 'constructive' talks on Royal Mail takeover

(Sharecast News) - Czech billionaire Daniel Kretinsky held "constructive" talks with UK business secretary Jonathan Reynolds last Tuesday regarding his proposed takeover of Royal Mail parent company International Distribution Services.

Government to scrutinise £5.3bn Royal Mail takeover

(Sharecast News) - The new Labour government is set to look closely at the £5.3bn takeover of Royal Mail-owner International Distribution Services by Czech billionaire Daniel Kretinsky.