British authorities have given the green light to the sale of Royal Mail to Czech billionaire Daniel Křetínský’s EP Group. The management of International Distribution Services, which currently owns Royal Mail, accepted Křetínský’s takeover offer of 3.6 billion pounds (almost 110 billion crowns) in May and recommended that their shareholders approve …
Read More »Czech businessman Křetínský close to taking over British Royal Mail
The sale of the British mail company Royal Mail to the EP Group of Czech billionaire Daniel Křetínský is close to completion, and could be confirmed within the next two weeks, the BBC has reported. Křetínský’s advisors met with union representatives this week. According to some sources, union members still …
Read More »Czech businessman Křetínský close to taking over British Royal Mail, writes BBC
The sale of the British mail company Royal Mail to the EP Group of Czech billionaire Daniel Křetínský is close to completion, and could be confirmed within the next two weeks, the BBC has reported. Křetínský’s advisors met with union representatives this week. According to some sources, union members still …
Read More »Breakingviews – Czech billionaire’s supermarket raid looks pricey
A woman wearing a face mask leaves a Sainsbury’s supermarket, amid the coronavirus disease (COVID-19) outbreak, in London, Britain January 12, 2021. LONDON (Reuters Breakingviews) – Daniel Kretinsky seems to be hoping that supermarkets’ pandemic boost will endure. The Czech billionaire has raised his stake in UK grocer J Sainsbury …
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