(Bloomberg) — Czech billionaire Daniel Kretinsky, who plans to purchase the company that owns UK’s Royal Mail, says the British postal service needs new investment to be competitive. Most Read from Bloomberg Kretinsky currently owns 27.6% of International Distribution Services Plc. If his offer for the rest of the company …
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Mr Kretinsky, who is already the largest shareholder in Royal Mail through his company EP Group, has pledged not to split the group’s lucrative parcels business, GLS, from its struggling letters business. Under terms set out in his offer, this undertaking would be valid for three years after the deal …
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Thursday 30 May 2024 9:00 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email British post for British doors, then, even if it arrives three days late? That certainly seems to be the Square Mile’s assumption, with …
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Exclusive: The Communication Workers Union has slammed the £5billion sale of Royal Mail to ‘Czech Sphinx’ billionaire Daniel Kretinsky, with demands for 150,000 jobs to be secured Royal Mail’s parent company has agreed a £5billion takeover by businessman Daniel Kretinsky ( Image: PA) A union boss slammed Royal Mail for …
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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
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GB News host Andrew Pierce has been left fuming at the takeover of Royal Mail and claimed that it "should remain British. Source link
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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 …
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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 …
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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 …
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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 …
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