EP Corporate Group Considers Takeover of IDS for £3.5 Billion

Paul, Weiss is advising private investment vehicle EP Corporate Group, a.s., in connection with the financing and structuring aspects of its possible cash offer for International Distributions Services plc (IDS), the parent company of the UK’s Royal Mail and international parcels network GLS. EP’s non-binding takeover proposal for IDS offers 370 pence per IDS share, valuing the entire issued share capital of IDS at approximately £3.5 billion.

The Paul, Weiss team is led by corporate partners Stefan Arnold-Soulby and Neel Sachdev.