Daniel Kretinsky’s EP Group Buys Royal Mail For £3.57 Billion

The board of International Distribution Services, which owns Royal Mail, said that it has accepted a £3.57 billion buyout bid from the EP Group, led by Czech billionaire Daniel Kretinsky. Businessman Mr Kretinsky already owned more than a quarter of IDS, which controls Royal Mail, Parcelforce, and the international mailing service GLS. Known as the ‘CzechContinue reading “Daniel Kretinsky’s EP Group Buys Royal Mail For £3.57 Billion”

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Royal Mail To Trial Sunday Parcel Deliveries

Royal Mail is to trial a Sunday parcel delivery service for major retailers this year. The move is aimed at tapping into the seven days a week delivery market as more customers expect Sunday deliveries as part of their online shopping. In the last year, Royal Mail said it’s processed unprecedented parcel volumes, delivering 496Continue reading “Royal Mail To Trial Sunday Parcel Deliveries”

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