[ad_1] Czech billionaire Daniel Křetínský will chair the board of Royal Mail following his successful acquisition of its parent company, International Distribution Services (IDS), for £3.57 billion. Royal Mail, one of the world’s oldest postal services, will remain headquartered in the UK and pay British taxes, thanks to a “golden share” retained by the UK…
[ad_1] 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 it. In addition, the…
[ad_1] 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 have concerns about Křetínský,…
[ad_1] 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 have concerns about Křetínský,…