Royal Mail owner agrees to £3.57bn takeover by Czech billionaire
Cash offer from Daniel Křetínský’s EP Group still needs approval from shareholders and governmentBusiness live – latest updatesThe takeover of Royal Mail has edged closer after its owner agreed terms and conditions on a £3.57bn takeover by the Czech billionaire Daniel Křetínský.In an update to the market on Wednesday, the postal service’s parent company, International Distributions Services (IDS), said it had accepted a cash offer from Křetínský’s EP Group. Continue reading...
Cash offer from Daniel Křetínský’s EP Group still needs approval from shareholders and government
The takeover of Royal Mail has edged closer after its owner agreed terms and conditions on a £3.57bn takeover by the Czech billionaire Daniel Křetínský.
In an update to the market on Wednesday, the postal service’s parent company, International Distributions Services (IDS), said it had accepted a cash offer from Křetínský’s EP Group. Continue reading...
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