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Royal Mail’s sale to Czech billionaire Daniel Kretinsky has been cleared by the Government, paving the way for the more than 500-year-old postal service to pass into foreign ownership for the ...
Authorities confirmed Monday that the 3.6 billion-pound ($4.6 billion) takeover of Royal Mail's owner, International Distribution Services, by billionaire Daniel Kretinsky's EP Group, can go ahead.
Kretinsky, known as the Czech Sphinx because of his low profile, has promised to maintain six days of postal deliveries per week Royal Mail close to being sold to Czech billionaire Daniel ...
Daniel Křetínský (Czech: [ˈdanɪjɛl ˈkr̝ɛtiːnskiː]; born 9 July 1975) [1] is a Czech billionaire businessman and lawyer, who is the chief executive officer (CEO) and 94% owner of Energetický a průmyslový holding (EPH), co-owner and president of football club Sparta Prague, and director and major shareholder of English football club West Ham United.
International Distribution Services plc (formerly Royal Mail Limited, Royal Mail plc and International Distributions Services plc) is a British company providing postal and courier services. The UK government initially retained a 30% stake in the company, [ 4 ] but sold its remaining shares in 2015. [ 5 ]
Daniel Kretinsky is understood to have offered a series of concessions to the UK government. Czech billionaire closes in on deal to buy Royal Mail Skip to main content
Global ranking Name Citizenship Net worth (USD) Sources of wealth 104: Renata Kellnerova Czech Republic 18 billion: PPF Group: 249: Karel Komarek Czech Republic 9.5 billion: KKCG: 256
Royal Mail owner International Distribution Services (IDS) said it has agreed to a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group.