The conglomerate controlled by Czech billionaire Daniel Křetínský that bid £3.57 billion ($4.54 billion) for Britain's national postal service has … Source link
Read More »Royal Mail Bidder Backs 'Third Way' Pension Overhaul – Law360
'Should remain British!' Andrew Pierce hits out at foreign takeover of Royal Mail – Bennington Banner
GB News host Andrew Pierce has been left fuming at the takeover of Royal Mail and claimed that it "should remain British. Source link
Read More »Royal Mail consumers must be protected in its sale
Royal Mail delivery office Even Margaret Thatcher balked at the sale of Royal Mail, saying she was “not prepared to have the Queen’s head privatised”. She felt its monarchical connections and distinguished history going back to the creation of Master of the Posts in 1516 gave it a unique position …
Read More »Will the Royal Mail still be ‘royal’ if it is owned by a Czech billionaire?
Daniel Křetínský, whose company International Distributions Services already owns 27 per cent of Royal Mail is bidding to buy the rest (Photo: Chris J. Ratcliffe/Reuters) Will the Royal Mail still be “royal” if it is owned by a Czech billionaire? That’s not to attack Daniel Křetínský, whose company, International Distributions …
Read More »Hunt vows to ‘protect what people want from Royal Mail’ in £3.6bn takeover
Mr Hunt has said the deal will be reviewed under tough national security laws – HENRY NICHOLLS/AFP via Getty Images Chancellor Jeremy Hunt has put pressure on Daniel Kretinsky to strengthen guarantees on his planned takeover of Royal Mail amid concerns the postal service could be broken up. Mr Hunt …
Read More »Royal Mail faces historic takeover by Czech billionaire – The Pembrokeshire Herald
STAFF at a health-giving wellbeing tea company in Carmarthenshire will be shouting at their mushrooms in Welsh to shock them into growing more quickly. The team at Tetrim Teas, in Trimsaran, which launched its range of green teas last year, are looking forward to having a “bawl” with the novel …
Read More »Royal Mail’s foreign sale could put a 500-year-old national service in jeopardy | Phillip Inman
There is much to fear from the takeover of Royal Mail by a private financier. It is fair to say that over the longer term, everything about the 500-year-old institution could now be at risk. The string of commitments made by the Czech billionaire Daniel Křetínský in his bid for …
Read More »Royal Mail’s shameful sale: Debt-fuelled deal is bad for Britain, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:02 EDT, 29 May 2024 The surrender of the board of Royal Mail owner International Distribution Services (IDS) to the blandishments of Czech billionaire Daniel Kretinsky is a national disgrace. An IDS board, stuffed with the great and the good including chairman …
Read More »Czech Billionaire Aims Higher With Royal Mail Takeover
What’s going on here? Daniel Kretinsky, through his investment vehicle EP Group, is set to take the owner of Britain’s Royal Mail private, valuing it at £3.57 billion ($4.53 billion). What does this mean? Daniel Kretinsky’s latest move to acquire Britain’s Royal Mail underscores his expansive investment strategy. Through EP …
Read More »Royal Mail investor speaks out to oppose ‘Czech sphinx’ Daniel Kretinsky’s £3.6billion takeover and says the current management can add more value to the struggling firm
A Royal Mail investor has spoken out to oppose ‘Czech sphinx’ Daniel Kretinsky’s £3.6billion take over of the postal firm. Jeremy Smith, a top-ten shareholder in International Distributions Services — the parent company of Royal Mail — has today said that current management can add more value to the struggling company. …
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