Tag Archives: Czech

PARIS — Czech businessman Daniel Kretinsky has launched a takeover bid for French-based electronics and appliance retailer Fnac Darty — a deal valuing the struggling group at around 1 billion euros ($1.18 billion), the company said on Monday. Kretinsky is already Fnac Darty’s largest shareholder, with 28.5 percent, and has …

LONDON, June 27 — Czech billionaire Daniel Kretinsky has been named chairman of Britain’s centuries-old Royal Mail following a takeover of its parent company, his firm EP Group announced on Friday. EP Group completed its £3.6-billion (RM20.9 billion) takeover of International Distribution Services (IDS) earlier this month, bringing the postal …