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.

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