Royal Mail owner IDS today backed a £3.5 billion takeover by Czech billionaire Daniel Kretinsky. The agreement with West Ham part-owner Kretinsky follows his company’s undertakings to protect Royal Mail’s “critical functions”. In other City developments, BHP was turned down when it asked to extend the Anglo American bid timeline and Pets at Home has posted lower profits.
Q1 2024 Futu Holdings Ltd Earnings Call
The latest investor updates on stocks that are trending on Wednesday.