Daniel Kretinsky offers Royal Mail staff stake in £3.6bn deal

City bankers and other advisers are in line for a £146 million payday for working on the £3.6 billion bid for Royal Mail’s parent company by Daniel Kretinsky.

The offer document from the Czech billionaire’s EP Group shows that advisers on the deal will share a total of £89.1 million, while those working for International Distribution Services (IDS), the Royal Mail owner, will be handed a total of £56.9 million.

In an olive branch offered to the Royal Mail’s staff, Kretinsky also confirmed that he was considering establishing an employee profit-sharing trust should the deal go through.

The bid won the backing of the IDS board last month but will have to be cleared by ministers under the National Security & Investment Act. EP Group