[ad_1] Czech billionaire Daniel Kretinsky is to become chairman of Royal Mail after completing the £3.6 billion takeover of the postal service. (PA Wire) Czech billionaire Daniel Kretinsky is to become chairman of Royal Mail after completing the £3.6 billion takeover of the postal service. Mr Kretinsky’s EP Group said that, following the closure of…
[ad_1] Royal Mail’s £3.6bn sale to the Czech billionaire Daniel Kretinsky is being held up by a political crisis in Romania caused by claims of Russian meddling. More than two months after the takeover was waved through by the British Government, Mr Kretinsky’s EP Group is still waiting for approval from officials in Romania. The…
[ad_1] Royal Mail owner IDS said it is facing a £120 million hit due to national insurance increases (Royal Mail/PA) (PA Media) The Royal Mail is close to being sold to Czech billionaire Daniel Kretinsky in a £3.6bn deal which could be announced in the next two weeks. The deal must meet with the UK’s…