Independent Online Royal Mail takes R320m provisionIndependent OnlineLondon – Britain's Royal Mail said on Thursday it had taken a financial provision of 18 million pounds (R320 million) after reaching a settlement with French competition authorities in a possible breach of antitrust laws. Royal Mail, which listed on … More: continued …
Read More »Royal Mail pleases shareholders by setting aside just £18m to cover French parcels probe costs
Royal Mail shares rose 2 per cent in morning trade as the amount set aside is far less than the £160million maximum penalty estimated by analysts. More: continued here
Read More »Royal Mail sets aside £18m for French fine on float anniversary – Evening Standard
Evening Standard Royal Mail sets aside £18m for French fine on float anniversaryEvening StandardThe highly profitable GLS business was thrust into the limelight before its Royal Mail parent listed on the London Stock Exchange. In a key period leading up to privatisation, the postal operator's profit was found to rely …
Read More »Royal Mail's Moya Greene: Hostilities with CWU Union Thawed After Privatisation
Exclusive: Greene tells IBTimes UK Royal Mail had a 'very conflictual attitude' around disputes. More: continued here
Read More »French authorities to fine Britain’s Royal Mail – gulfnews.com
French authorities to fine Britain's Royal Mailgulfnews.com“Further to its announcement of 16 July 2014, Royal Mail plc announces that it has today [Thursday] entered into a settlement agreement with the French competition authority in respect of the alleged breaches of antitrust laws by one of its … More: continued here
Read More »Royal Mail to settle French case – The Courier
The Courier Royal Mail to settle French caseThe Courier"However, Royal Mail has made a financial provision of £18 million in its financial statements for the half year ended 28 September 2014, comprising £12 million in respect of the current estimate of any fine and £6 million in respect of estimated …
Read More »Royal Mail Sets Aside £18m to Cover French Antitrust Fine and Legal Costs
The UK delivery service said one of its French subsidiaries may have breached antitrust rules More: continued here
Read More »Royal Mail to settle French case
Royal Mail is poised to pay a fine of around £12 million after it reached a settlement with competition authorities investigating its loss-making French parcels operations. More: continued here
Read More »Royal Mail sets aside £18m for costs and fine French parcels investigation, less than expected, although probe continues
Royal Mail's continental parcels group is still under investigation, the firm said, and could see fines increase as it set aside £12million for charges and another £6million to cover legal costs. More: continued here
Read More »Royal Mail puts aside £18m to settle French antitrust investigation
Postal service enters into agreement with French regulator regarding a possible breach of antitrust laws by its GLS subsidiary More: continued here
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