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Czech sphinx billionaire buying Royal Mail
Royal Mail takeover by Czech billionaire approved
The sale of Royal Mail's parent company to a Czech billionaire has been approved by the government. The £3.6 billion takeover by Daniel Kretinsky's EP Group will be announced on Monday morning, the BBC understands.
British government approves sale of Royal Mail to Czech billionaire
The British government on Monday cleared Czech billionaire Daniel Kretinsky's purchase of the Royal Mail's parent company, the International Distribution Services, for $4.56 billion.
Who is Daniel Kretinsky, the Czech Dealmaker Who’s Buying Royal Mail?
Daniel Kretinsky has spent more than a decade building a network of businesses across Europe, from power stations to retail chains and media outlets, with a recent focus on financially distressed assets.
9h
on MSN
What do we know about Royal Mail's new owner?
The sale of Royal Mail's parent company to the Czech billionaire Daniel KÅ™etínský has been cleared by the UK government.
8h
KÅ™etínský faces walking a tightrope as he tries to transform Royal Mail
Czech tycoon’s concessions could make the tricky task of turning a troubled legacy business into a modern postal service more ...
15h
on MSN
EP Group Agrees to U.K.’s Remedies Ahead of $4.50 Billion Royal Mail-Owner Acquisition
EP Group agreed to commitments safeguarding Royal Mail’s role in the U.K. as it works to finalize its £3.57-billion ...
3d
Royal Mail fined record £10.5m after more than quarter of first class post delivered late
Royal Mail has been hit with a £10.5m fine after delivering more than one in four first-class letters late. Ofcom has handed ...
3d
on MSN
Royal Mail fined £10.5m for missing delivery targets
Royal Mail has been fined £10.5m by the regulator for failing to meet delivery targets for first and second class mail. The ...
3d
UK's Ofcom fines Royal Mail for the second time over missed delivery targets
Britain's media regulator Ofcom on Friday fined Royal Mail, owned by International Distribution Services (IDS) , 10.5 million ...
3d
Royal Mail slammed for 'eroding public trust' as it's hit with second huge fine
With millions of letters arriving late, far too many people aren’t getting what they pay for when they buy a stamp' ...
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