Britain’s storied postal service will remain based in the U.K. after the government struck a deal with Czech billionaire Daniel Kretinsky’s EP Group to approve the takeover of Royal Mail IDS0 ...

Here, the PA news agency looks who Mr Kretinsky is and what the new ownership could mean for the historic British company.

Communication Workers Union bureaucrats will join a new Advisory Committee “composed of representatives of EP Group and the ...

(Reuters) -Czech billionaire Daniel Kretinsky's EP Group said on Monday it agreed to certain terms with the UK government for ...

LONDON, Dec 16 (Reuters) - Britain on Monday cleared Czech billionaire Daniel Kretinsky's EP Group to buy Royal Mail in a 3.57 billion pound ($4.5 billion) deal, after securing commitments that ...

Britain's centuries-old Royal Mail is set to pass into foreign ownership after the UK government Monday approved the takeover of its parent company by Czech billionaire Daniel Kretinsky's EP Group.

He added: “I’d like to thank EP Group and Daniel Kretinsky for their constructive approach to our discussions and their ...

The BBC said Daniel Kretinsky — who is already the largest ... be allowed to proceed with his £3.6billion takeover of the group following a national security assessment. But the UK Government ...

The UK government has reportedly approved the sale of Royal Mail's parent company, International Distribution Services, to Czech billionaire Daniel Kretinsky's EP Group. The announcement is ...

The sale of Royal Mail’s owner to Czech billionaire Daniel Kretinsky has been approved by the UK Government. The deal, worth £3.6 billion, will see the businessman’s company, EP Group ...

The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved by the government. Mr Kretinsky's company EP ...