EP Corporate Group submits revised non-binding cash offer to International Distribution Services (IDS) Plc
The Trustees of the RMDCP have noted the revised potential cash offer made by EP Corporate Group for IDS (the parent company of Royal Mail Group), which the IDS Board have signalled they are minded to recommend. The IDS Board has now agreed to an extension of the deadline for discussions so as to explore the offer in further detail.
Our priority is to ensure that members’ interests are protected and we are actively engaging with IDS, and taking independent advice to understand and assess the implications of this proposal for the Plan. Please be assured that there is no change to your benefits and there is no action that you need to take.