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Czech billionaire Daniel Kretinsky confirms £3.5bn Royal Mail takeover (ASSOCIATED PRESS)
International Distributions Services (IDS.L)
Royal Mail owner International Distribution Services said it has agreed to a £3.57bn ($4.56bn) takeover offer from Czech billionaire Daniel Kretinskyâs EP Group.
The offer consists of 360p in cash, plus a final dividend of 2p per share and a special dividend of 8p per share. Including debt, the deal values IDS at £5.28bn.
IDS said if the deal go...
>>> Read more: Trending tickers: Royal Mail, Nvidia, Anglo American and American Airlines
International Distributions Services (IDS.L)
Royal Mail owner International Distribution Services said it has agreed to a £3.57bn ($4.56bn) takeover offer from Czech billionaire Daniel Kretinskyâs EP Group.
The offer consists of 360p in cash, plus a final dividend of 2p per share and a special dividend of 8p per share. Including debt, the deal values IDS at £5.28bn.
IDS said if the deal go...
>>> Read more: Trending tickers: Royal Mail, Nvidia, Anglo American and American Airlines
