Royal Mail set to be taken over by Czech billionaire for £3.5bn
Royal Mail is on the brink of a takeover by Czech billionaire Daniel Kretinsky after the board said it was minded to accept a £3.5bn bid.
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Royal Mail is on the brink of a takeover by Czech billionaire Daniel Kretinsky after the board said it was minded to accept a £3.5bn bid.
Postal service shake-up takes on extra weight as Royal Mail bosses meet ministers to discuss Czech tycoon’s £3.5bn takeover bid
The owner of Britain’s embattled Royal Mail is poised to accept a £3.5 billion ($4.4 billion) takeover bid from a Czech billionaire, raising fears about the fate of thousands of workers and a key national service.
Business Secretary seeks assurances over sale of British asset to foreign investor
Kemi Badenoch met Martin Seidenberg, the chief executive of International Distributions Services, to hear details of contractual undertakings in offer