
Royal Mail takeover approved by shareholders
The approval of the £3.6bn deal will see the 500-year institution taken over by Daniel Kretinsky's EP Group.
BBC News
Royal Mail Group Limited, trading as Royal Mail, is a British postal service and courier company. It is owned by International Distribution Services. It operates the brands Royal Mail and Parcelforce Worldwide (parcels). Formed in 2001, the company used the name Consignia for a brief period but changed it soon afterwards. Prior to this date, Royal Mail and Parcelforce were part of the Post Office, a UK state-owned enterprise the history of which is summarised below. Long before it came to be a company name, the 'Royal Mail' brand had been used by the General Post Office to identify its distribution network.
The approval of the £3.6bn deal will see the 500-year institution taken over by Daniel Kretinsky's EP Group.