https://uk.finance.yahoo.com/news/billi ... 01044.html
(Reuters) - The completion of EP Group's takeover of Royal Mail-owner International Distribution Services (IDS.L) is likely to be delayed to the second quarter of 2025 due to regulatory issues in Romania, the company said on Wednesday.
The only regulatory condition that needs resolving pertains to foreign direct investment in Romania, Czech billionaire Daniel Kretinsky's EP Group said, adding that it expects the condition to be met in the second quarter.
The British government approved the 3.57-billion-pound ($4.58 billion) deal in December 2024 and it was expected to close in the first quarter of this year.
($1 = 0.7801 pounds)
ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!
Billionaire Kretinsky's Royal Mail takeover bid delayed
-
POSTMAN
- SITE ADMINISTRATOR
- Posts: 32401
- Joined: 07 Aug 2006, 03:19
- Gender: Male
Billionaire Kretinsky's Royal Mail takeover bid delayed
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.