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Royal Mail owner IDS recommends revised £3.5bn takeover offer from EP Group

By Benjamin Chiou

Date: Wednesday 15 May 2024

(Sharecast News) - Shares in Royal Mail owner International Distributions Services (IDS) surged on Wednesday afternoon after its board recommended a revised offer from billionaire Daniel Křetínský's EP Group which values the company at £3.5bn.
IDS, which also owns the GLS Group which provides parcel services in Europe and North America,...

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