International Distribution Services
British logistics company
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May 5 2025 | The European Commission published its clearance decision, allowing the transaction to proceed to completion. |
April 30 2025 | Shareholders approved the takeover by EP Group. |
March 2025 | The company confirmed the takeover would be completed in the second quarter of 2025. |
2024 | IDS entered into a multi-year agreement with PayPoint PLC to enable customers to receive parcels at 5,000 Collect+ shops across the UK. |
December 2024 | The UK Labour government approved the £3.6bn sale of International Distribution Services to EP Group, marking the first time the 508-year-old postal service came under foreign ownership. |
May 28 2024 | The board of International Distribution Services agreed to a £5bn takeover offer from Daniel Křetínský, with commitments to retain the Royal Mail name, brand, UK headquarters, and employee benefits. |
May 10 2024 | The company changed its name from International Distributions Services to International Distribution Services. |
April 2024 | EP Group, controlled by Daniel Křetínský, offered to buy the 72.5% shareholding in the company not already owned by Vesa Equity Investment Sarl. |
October 31 2022 | Business Secretary Kwasi Kwarteng approved a proposal from Czech billionaire Daniel Křetínský to increase his shareholding in the company to more than 25%. |
September 28 2022 | The holding company's name change to International Distributions Services was registered with Companies House. |
June 20 2022 | Royal Mail was demoted from the FTSE 100 and became a constituent of the FTSE 250 Index. |
October 12 2015 | The government completed the disposal of its shareholding in Royal Mail, raising a total of £3.3bn from the full privatisation. |
June 11 2015 | The government sold a 15% stake in Royal Mail to investors, raising £750m, with an additional 1% passed to employees. |
February 6 2014 | Communication Workers Union (CWU) confirmed that Royal Mail staff had voted to accept a settlement after previous strike negotiations. |
October 15 2013 | Royal Mail was listed on the London Stock Exchange, with 52.2% of shares sold to investors and 10% given to employees for free. |
September 27 2013 | Public applications for Royal Mail shares opened ahead of the company's stock market listing. |
September 27 2013 | Public applications for shares opened ahead of the company's listing on the London Stock Exchange. |
September 6 2013 | A new holding company, Royal Mail Limited, was established in anticipation of its initial public offering. |
July 2013 | Vince Cable announced Royal Mail would be floated on the London Stock Exchange, with postal staff to be entitled to free shares. |
April 1 2012 | Post Office Limited became independent of Royal Mail Group and was reorganized as a subsidiary with a separate management and board of directors. |
March 31 2012 | The government took over the historic assets and liabilities of the Royal Mail pension scheme, relieving Royal Mail of its huge pensions deficit. |
March 27 2012 | Ofcom introduced a new simplified set of regulations for postal services. |
October 1 2011 | Postcomm was merged into Ofcom, the communications regulator, as part of the Postal Services Act 2011. |
This contents of the box above is based on material from the Wikipedia article International Distribution Services, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.