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The Guardian

Royal Mail takeover by Czech billionaire Daniel Křetínský approved

The Guardian on
Royal Mail takeover by Czech billionaire Daniel Křetínský approved



UK government to retain ‘golden share’ in parent company of International Distribution ServicesBusiness live – latest updatesThe sale of Royal Mail’s parent company to the Czech billionaire Daniel Křetínský has been approved by the UK government after a review under national security laws.A £3.6bn takeover of International Distribution Services (IDS) – the owner of the 508-year-old Royal Mail – by Křetínský’s EP Group was confirmed on Monday morning. Continue reading…



Source link : https://www.theguardian.com/business/2024/dec/16/royal-mail-takeover-daniel-kretinsky-uk-ids

Author : Jasper Jolly

Publish date : 2024-12-16 08:37:02

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Tags : The Guardian

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