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Daniel Kretinsky’s firm meets union boss

The right-hand man of the Czech tycoon seeking to pull off the £3.6 billion takeover of Royal Mail’s parent company has met union bosses in an attempt to convince them of the merits of the deal.

Roman Silha, who heads mergers and acquisitions for EP Group’s investments, sought to reassure the Communication Workers Union, which has called for a new ownership model for the postal services company, including giving all its employees a stake in its future.

Speaking after the meeting, Dave Ward, general secretary of the CWU, which represents about 100,000 Royal Mail workers, described it as a “useful and constructive” exercise, but added: “We made it very clear that the current commitments from EP Group are neither strong enough nor long enough.”

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