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Tag Archives: billionaire

Daily first class mail service secured in £3.6 bn Royal Mail takeover

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Government clears way for Czech investor to build stake in Royal Mail

T he government has cleared Royal Mail’s biggest shareholder, an investment vehicle part-owned by a Czech billionaire with links to Russia, to increase its stake in the company. Daniel Křetínský’s Vesa Equity already owns 22% of Royal Mail’s parent, International Distributions Services. The Department for Business, Energy and Industrial Strategy …

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