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Daniel Kretinsky’s £3.6 billion takeover bid for the deeply troubled Royal Mail has been the talk of the City for the past few weeks. And there’s one question that people keep asking: “Is this guy crazy?”
So I asked him.
“Ha, very good one,” he responded. “I firmly hope not.”
Dressed in an open-necked white shirt and chain-drinking green tea, the 48-year-old, dubbed the Czech Sphinx for his inscrutable investment style, cut a relaxed figure in his attic office in Prague’s upmarket Parizska Street.
The deal he struck with the board of Royal Mail parent International Distribution Services last week had been well-signposted. Kretinsky, an energy tycoon worth $9.4 billion, saw his first 320p-a-share approach turned down by the FTSE 250 company before a 370p
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