International Distributi... Takeover Rumours (IDS)

And the FT of all Newspapers says that IDS rejects £4.5billion bid? Now how did they work that out when there are only Shares 958m shares in Issue? Let's round that up to 1billion so x 320p errrr £4.5billion?? Royal Mail owner rejects £4.5bn takeover bid from Czech billionaire Daniel KÅ™etínský https://www.ft.com/content/a6f0251b-454b-4aa8-9c16-aee03f0c2e46

Not My Real Name, You're quite right the unions behave as if it's still 1965. If they had anything about them they would have got their members to pool their shares when the company was floated. But they're just actors on the stage of the Far Left, still giving the same show since circa 1949. They should be in a museum. It would be interesting if the takeover goes through, and we see this able gentleman, ignore OFCOM and just enact the changes that anyone with half a brain can see need to be made. If he ignores OFCOM, what are they going to do, shut down RM? The potential for efficiencies are huge, and one could claim to be hugely reducing the 'carbon footprint' (true) whilst making the thing highly profitable.

hxxps://www.thetimes.co.uk/article/czech-billionaire-daniel-kretinsky-considers-bid-for-royal-mail-8hkxdfhh0 Labour would not object to a takeover.

.... CWU RESPONSE TO BREAKING NEWS OF POTENTIAL ROYAL MAIL TAKEOVER The breaking news of an impending takeover bid for Royal Mail Group (IDS) by Daniel Kretinsky is another significant moment. The truth is handing over the ownership of one of the UK’s most prestigious institutions to a foreign equity investor cannot be right. But neither is the current model or direction of the company. The truth is Royal Mail needs a new ownership and governance model that builds a postal service for the workers and customers and not one built solely focused on shareholder payouts and driving down the service and the terms and conditions of the workers. The CWU will be campaigning publicly and politically to deliver this change of direction. Dave Ward General Secretary

Yeah it's weird that a bid / takeover news can't even get this back to a 3 month high!! Good luck all ðŸ‘￾ðŸ￾»