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Tag Archives: money

‘Czech Sphinx’ billionaire to become chairman of Royal Mail

Investors approved EP Group’s £3.6bn takeover of owner IDS this month   By MIKE SHEEN Updated: 03:39 EDT, 27 June 2025 Czech billionaire Daniel Kretinsky will become chairman of Royal Mail following confirmation of the postal service’s controversial takeover last month. Kretinsky, an energy tycoon nicknamed the ‘Czech Sphinx’ for his …

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NHS Landlord Assura backs £1.8bn merger offer from Britain’s PHP

Many Assura shareholders have opposed KKR’s prospective takeover offer  By HARRY WISE Updated: 10:45 EDT, 23 June 2025 Assura has accepted a takeover offer from rival London-listed real estate investment trust Primary Health Properties (PHP) after a three-month bidding war.  The healthcare buildings business backed the deal after PHP warned …

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Royal Mail boss jumps ship after Czech takeover

By JESSICA CLARK Updated: 16:50 EDT, 20 June 2025 Royal Mail’s boss has quit weeks after the postal service fell into foreign hands for the first time in its 509-year history. In a move that caught the business world by surprise, Emma Gilthorpe left having been appointed chief executive a …

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