U.K. Clears Takeover of Royal Mail Owner After Deal With Kretinsky’s EP Group
EP Group committed to safeguarding Royal Mail’s role in the U.K. as it works to finalize its £3.57-billion acquisition of International Distribution Services.
Britain clinches the terms of the deal to sell 500-year-old Royal Mail to a Czech billionaire
Royal Mail, which dates back to the reign of Henry VIII in the 1500s, is set to be sold to a Czech billionaire in a deal that will keep the institution based in Britain.
Czech billionaire acquires Britain’s centuries-old Royal Mail
LONDON: Britain’s centuries-old Royal Mail is set to pass into foreign ownership after the UK government on Monday approved the takeover of its parent company by Czech billionaire Daniel Kretinsky’s EP Group. The takeover of International Distribution Services (IDS) is worth 3.6 billion ($4.5 billion).
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.
Czech Billionaire's Historic Acquisition of Royal Mail Approved
The British government approved Czech billionaire Daniel Kretinsky's EP Group's acquisition of Royal Mail in a $4.5 billion deal. The deal ensures UK operations continuity and protects jobs under new ownership,
UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire
Britain’s government has approved the sale of Royal Mail’s parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its 500-year history.
Royal Mail takeover by Czech billionaire Daniel Kretinsky's EP Group 'approved'
It is understood that permission for the sale of International Distribution Services (IDS) to Daniel Kretinsky's EP Group is set to be officially announced later on Monday morning after being reviewed
Czech Billionaire Kretinsky Gets UK Approval to Buy Royal Mail
The UK government has approved Daniel Kretinsky’s £3.6 billion ($4.6 billion) takeover of the Royal Mail’s parent company, after the Czech billionaire made a series of commitments.
Kretinsky's EP Group agrees to terms with UK government over Royal Mail deal
Czech billionaire Daniel Kretinsky's EP Group said today it agreed to certain terms with the UK government for its takeover of Royal Mail's parent, paving the way for a green light on the tightly-scrutinised deal.
UK clears Czech billionaire Daniel Kretinsky to buy Royal Mail
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 the government said would protect one of the world's oldest postal services.
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.
Communication Workers Union has paved the way for Kretinsky takeover of Royal Mail
The CWU bureaucracy blazed the trail for the takeover by colluding in dismantling the mail service under the guise of ...
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UK government approves $4.6-billion takeover of Royal Mail by Czech billionaire
Britain’s government has approved the sale of Royal Mail’s parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its 500-yea ...