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Daniel Kretinsky cleared to take over Royal Mail

The Czech billionaire Daniel Kretinsky’s £3.6 billion takeover of the Royal Mail has passed another key milestone after being cleared by the government under national security laws. Pat McFadden, the chancellor of the Duchy of Lancaster, has conditionally approved the purchase of the 500-year-old institution by Kretinsky’s EP Group under …

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Royal Mail takeover receives national security thumbs up

Royal Mail’s parent company agreed in May to a £3.6bn acquisition by EP Group  Pat McFadden, Chancellor of the Duchy of Lancaster, has approved the deal By HARRY WISE Updated: 08:02 EST, 20 December 2024 Daniel Kretinsky’s acquisition of Royal Mail is getting closer to realisation after gaining national security …

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