Billionaire secures regulatory approval for Royal Mail takeover bid
[ad_1] LONDON, U.K.: Daniel Kretinsky’s path to owning Royal Mail is nearly complete, as his firm EP Group announced this week that all regulatory hurdles for the acquisition have now been cleared. The Czech billionaire’s proposed takeover of Royal Mail-parent International Distribution Services (IDSI.L) has met the final conditions necessary to proceed, bringing the 3.57…