Gone for good: UK distributor behind Take That film goes bust Media The London-based distributor behind the Take That musical film has gone bust, City AM can reveal, in the latest sign of the intense cost pressures facing the industry. Elysian Film Group Distribution is part of the wider Elysian umbrella, founded by former Studiocanal chief Danny Perkins in 2018. FRP Advisory has been appointed as liquidators [...]
Royal Mail IDS owner to return to profit as Kretinsky takes reins Business The owner of Royal Mail is set to return to profit just as its long drawn out sale to Daniel Kretinsky nears completion thanks to a welcome uplift in the number of parcels it delivered over Christmas. International Distribution Services (IDS) said Royal Mail’s “successful Christmas period” saw it process 188m tracked parcels, a 19 [...]
‘Czech Sphinx’ Royal Mail takeover signed off by government and unions Business The takeover of Royal Mail parent company International Distribution Services has been signed off by the government and unions, as EP Group is now set to officially gain control of the firm. The £3.6bn takeover by ‘the Czech Sphinx’, billionaire Daniel Kretinsky, was approved by shareholders in September, and was waiting on approval from the [...]
Here’s what the Czech Sphinx is planning for Royal Mail July 18, 2024 EP Group will offer a legally binding guarantee that there will be no change in control of GLS or Royal Mail for three years following the acquisition.
Czech Sphinx plots £800m Royal Mail investment to topple Amazon in UK parcel war July 14, 2024 Kretinsky’s Royal Mail takeover has ignited a national security investigation with critics wary of a historic British institution falling into foreign hands.
Auditor delay forces Royal Mail owner IDS to postpone annual results May 23, 2024 Royal Mail owner IDS remains in an offer period following an announcement last week about the potential takeover swoop by EP Group.
Royal Mail owner ‘minded’ to accept raised £3.5bn takeover offer by Czech billionaire May 15, 2024 Royal Mail owner International Distribution Services (IDS) announced on Wednesday that it is "minded" to accept a raised takeover offer worth around £3.5bn from Czech billionaire Daniel Kretinsky.