Royal Mail’s parent company has acquired a minority stake in delivery network Collect+ for £43.9 million, leading to a rocketing share price for owner PayPoint. PayPoint set up Collect+ as a joint venture with Yodel in 2009. It would buy Yodel’s stake for just £6m in 2020. Now International Distribution Services (IDS), owner of Royal Mail, … Continue reading PayPoint shares rocket as Royal Mail buys Collect+ stake for £44m