Czech sphinx puts his stamp on Royal Mail deal

Some Czechs don’t bounce. The notion that Daniel Kretinsky will drown the posties in debt, imperilling the finances of the Royal Mail owner International Distribution Services, looks far-fetched. The billionaire has enough loot to buy, run and invest in the business without Thames Water-style antics. So the bigger question, apart …

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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 …

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Czech bidder’s promises fail to sway Royal Mail union

Union leader calls for stronger commitments from potential buyer of Royal Mail The proposed acquisition of Royal Mail’s parent company by Czech billionaire Daniel Kretinsky’s EP Group has raised concerns among the union representing its 112,000 UK frontline workers. Communication Workers Union (CWU) general secretary Dave Ward expressed his dissatisfaction …

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Royal Mail union not won over by Czech bidder’s commitments

The commitments offered by the Czech tycoon seeking to buy Royal Mail’s parent firm do not go far enough, according to the union leader representing its 112,000 UK frontline workers. Communication Workers Union (CWU) general secretary Dave Ward made his remarks following talks with representatives of Daniel Kretinsky’s EP Group. …

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