EP Group agreed to commitments safeguarding Royal Mail’s role in the U.K. as it works to finalize its £3.57-billion ...

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 ...

In addition, EP had also made commitments to maintain the one-price-goes-anywhere Universal Service Obligation (USO), which ...

Some worker protections have been secured as have five-year assurances on Royal Mail's headquarters and tax residency.

LONDON - EP UK Bidco Limited, a company owned by EP Group, a.s. and J&T Capital Partners (WA:CPAP), a.s., has reached agreements in principle with the Communication Workers Union (CWU) and the ...

As part of the deal, Kretinsky's EP Group will have to clear any major changes to the Royal Mail with the British government and the new owners must keep the popular one-price-goes-anywhere ...

Royal Mail will be sold to a Czech billionaire in a £3.6bn deal, taking the postal service out of British ownership for the ...

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 ...

LONDON - EP UK Bidco Limited, a company backed by EP Group, a.s. and J&T Capital Partners (WA:CPAP), a.s., has entered into definitive agreements with the Communication Workers Union (CWU) and the ...

LONDON - EP UK Bidco Limited, a company owned by EP Group, a.s. and J&T Capital Partners (WA:CPAP), a.s., has reached agreements in principle with the Communication Workers Union (CWU) and the ...