Royal Mail is up for sale
- Thread starter JohnD
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Its easy if you define it as critical national infrastructure or national security related.
Will you invest in that foreign company like you do others? The ones you claim gave you 40% growth. Say, what European companies are your investments in - you never said, did you?
In France, the yogurt industry is considered a strategic national resource.
www.economist.com
The revenge of strategic yogurt
How the EU started speaking French when it comes to the economy
It does sound a bit like a national asset
Maybe a national asset should be owned by the nation.
Like our roads
And railways.
And sewage.
The owner of Royal Mail has backed a £3.5bn offer for the postal company from a Czech billionaire after he sweetened the value of his planned takeover, creating a political headache for the government. Last month, Royal Mail’s parent company, International Distributions Services (IDS), rejected a preliminary offer worth 320p a share, or £3.1bn, from Daniel Křetínský, the part-owner of West Ham United whose company, EP Group, is the postal service’s shareholder. Křetínský, known as the Czech Sphinx for his low profile and inscrutable approach, also has stakes in Sainsbury’s, as well as a string of power stations. He already owns a 27.6% stake in IDS.
The takeover will hand a windfall to the thousands of postal workers who were given shares in privatisation and have retained their shares. Shareholders will also receive a special dividend if the deal is completed, worth £76m....IDS will publish its annual results on 23 May and, under City takeover rules, Křetínský has until 29 May to make a firm bid.
the Guardian
They'll be watching the enquiry with some concern next week, when former CEO Paula Vennells explains her behaviour towards former employees during her tenure. I don't imagine a Czech billionaire poses much of a threat to national security considering how much of our country is already owned by the Saudi monarchy and Qatar.
The takeover will hand a windfall to the thousands of postal workers who were given shares in privatisation and have retained their shares. Shareholders will also receive a special dividend if the deal is completed, worth £76m....IDS will publish its annual results on 23 May and, under City takeover rules, Křetínský has until 29 May to make a firm bid.
the Guardian
They'll be watching the enquiry with some concern next week, when former CEO Paula Vennells explains her behaviour towards former employees during her tenure. I don't imagine a Czech billionaire poses much of a threat to national security considering how much of our country is already owned by the Saudi monarchy and Qatar.
The daily fail is regarded as a national assetThat's an optimistic outlook
May was going to let the chineese build our nuclear reactors.
The French get the deals whilst the Chinese are still partners in the first new plant...
And Hitachi are going to be involved in building two more...
Ironic that whilst being unable to build such plants ourselves, the projects title is 'Great British Nuclear'
What’s not 'ironic' is that 'one person' on here has the 'title' ‘The Great British ****’.
Maybe that was before we took back control, or was that just a decision in principle.The French get the deals whilst the Chinese are still partners in the first new plant...
And Hitachi are going to be involved in building two more...
Ironic that whilst being unable to build such plants ourselves, the projects title is 'Great British Nuclear'
US officials told the May government in 2017 not to partner with Chinese state-supported companies on nuclear plants due to its links to the military. CGN was blacklisted by the US government in 2019.
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- China is seeking to become a global leader in nuclear power. While nuclear power contributed 4.9% of the total Chinese electricity production in 2019, the country is on track to become the world’s largest producer of nuclear energy.
- According to GlobalData, China has 19 reactors under construction, 43 reactors awaiting permits, and a massive 166 reactors that have been announced. This pipeline adds up to 254.6GW of capacity.
- China is still aiming to build 30 nuclear power units in countries involved with its Belt and Road Initiative by 2030. CGN’s Hualong One reactor received UK regulatory approval in 2021, which may be used as an international standard for developing countries.
Briefing: China's Involvement in UK Nuclear — China Research Group
This briefing looks at the current status of Chinese involvement in the UK’s nuclear industry.
chinaresearchgroup.org