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Pin to quick picksInternational Distributions Services Share News (IDS)

Share Price Information for International Distributions Services (IDS)

London Stock Exchange
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Share Price: 359.20
Bid: 359.20
Ask: 359.40
Change: 0.20 (0.06%)
Spread: 0.20 (0.056%)
Open: 359.60
High: 359.60
Low: 359.20
Prev. Close: 359.00
IDS Live PriceLast checked at -

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

Tue, 01st Oct 2024 17:35

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.

Evil Corp was once believed to be the most significant cyber-crime threat in the world, Britain's National Crime Agency (NCA) said after taking coordinated action with officials in the United States and Australia.

"Today's sanctions send a clear message to the Kremlin that we will not tolerate Russian cyber-attacks - whether from the state itself or from its cyber-criminal ecosystem," foreign minister David Lammy said in a statement.

In 2019, the U.S. indicted and sanctioned Evil Corp's alleged leader, the Lamborghini-driving Maksim Yakubets, and put a $5 million bounty out for information leading to his arrest.

In its latest disclosure, the NCA said the group had been tasked by Russian intelligence services to conduct cyber-attacks and espionage operations against NATO allies, although it gave no further details.

Yakubets, it said, had worked with Russia's Federal Security Service (FSB), Foreign Intelligence Service (SVR) and military intelligence unit GRU.

His father-in-law, Eduard Benderskiy, a former high-ranking official of the FSB, was also an enabler of Evil Corp's activities and helped protect the group after the U.S. action in 2019, the NCA said.

The British agency said Evil Corp also had close connections with the ransomware group LockBit, which had targeted the Industrial and Commercial Bank of China, Boeing and Britain's Royal Mail among others, and which Western law enforcement agencies disrupted earlier this year.

Yakubets' right-hand man Aleksandr Ryzhenkov had been identified as a LockBit affiliate and was involved in ransomware attacks against numerous organisations, the NCA said.

"The action announced today has taken place in conjunction with extensive and complex investigations by the NCA into two of the most harmful cyber-crime groups of all time," said James Babbage, Director General for Threats at the NCA.

Britain said among those targeted in its new sanctions, which included asset freezes and travel bans, were Yakubets, Artem Viktorovich Yakubets and Viktor Grigoryevich Yakubets.

In a separate announcement, the U.S. justice department said it had indicted Ryzhenkov for deploying a strain of ransomware known as BitPaymer to attack numerous victims in Texas and throughout the country.

"Today's charges against Ryzhenkov detail how he and his conspirators stole the sensitive data of innocent Americans and then demanded ransom," said Deputy Attorney General Lisa Monaco.

"With law enforcement partners here and around the world, we will continue to put victims first and show these criminals that, in the end, they will be the ones paying for their crimes." (Reporting by Michael Holden; Additional reporting by Catarina Demony; Editing by Alistair Smout and Mark Potter)

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29 May 2024 07:49

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.

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29 May 2024 07:02

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.

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24 May 2024 19:04

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.

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23 May 2024 14:22

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.

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23 May 2024 14:13

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.

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23 May 2024 11:51

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.

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17 May 2024 15:52

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.

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17 May 2024 10:06

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.

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16 May 2024 15:45

UK earnings, trading statements calendar - next 7 days

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15 May 2024 17:38

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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15 May 2024 16:59

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.

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15 May 2024 15:06

TOP NEWS: IDS shares up after considers improved offer proposal by EP

(Alliance News) - International Distributions Services PLC said it is minded to recommend a "fair" revised non-binding proposal for a potential takeover offer from EP Corporate Group AS.

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15 May 2024 15:00

London close: Stocks green as US inflation comes in cooler

(Sharecast News) - London markets ended on a positive note on Wednesday, with strong showings from the likes of Experian and Imperial Brands, as investors digested slower-than-expected consumer inflation figures out of the United States.

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15 May 2024 14:40

Royal Mail owner IDS recommends revised £3.5bn takeover offer from EP Group

(Sharecast News) - Shares in Royal Mail owner International Distributions Services (IDS) surged on Wednesday afternoon after its board recommended a revised offer from billionaire Daniel Křetínský's EP Group which values the company at £3.5bn.

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30 Apr 2024 10:03

IDS urges Ofcom to accelerate review of Royal Mail reform proposals

(Alliance News) - International Distributions Services PLC on Tuesday outlined a modernisation programme for the Royal Mail, via reform of the postal firm's universal service obligations.

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