Royal Mail firm ‘minded to’ accept £3.5bn buyout from West Ham co-owner

“The Board has sought, and EP Group has agreed to offer as part of the Proposal, a set of contractual undertakings to protect key public interest factors and recognise Royal Mail’s status as a key part of national infrastructure. It is anticipated that the commitment to offer these contractual undertakings to the UK Government (or, where applicable, to the Company and/or other stakeholders directly) would be reflected in the cooperation agreement between the parties if a firm offer is made.