16 December 2024 - Royal Mail to be sold to Czech billionaire
Royal Mail takeover by Czech billionaire approved
Simon Jack (BBC News, 16/12/2024)
The sale of Royal Mail's parent company to a Czech billionaire has been approved by the government.
The £3.6 billion takeover by Daniel Kretinsky's EP Group will be announced on Monday morning, the BBC understands.
Sale of Royal Mail to Czech billionaire Daniel Kretinsky to be announced this morning
Sarah Taafee-Maguire (Sky News, 16/12/2024)
The sale of Royal Mail to Czech billionaire Daniel Kretinsky will be approved this morning, Sky News understands.
Mr Kretinsky's company EP Group will buy the postal service's parent company International Distribution Services (IDS).
Royal Mail takeover by Czech billionaire Daniel Křetínský ‘gets government approval’
(The Guardian, 16/12/2024)
The “Czech Sphinx” has reportedly triumphed in his bid to take control of Royal Mail.
The British government has approved Czech billionaire Daniel Křetínský’s £3.57bn takeover of Royal Mail’s owner International Distribution Services, according to reports this morning.