Royal Mail bidder sends letters to staff outlining £3.75bn takeover offer

Royal Mail, Business, Postal service, UK news, Mergers and acquisitions, Trade unions, Politics Business | The Guardian

​Daniel Křetínský asks more than 100,000 shareholders, including current and former staff, to sell sharesBusiness live – latest updatesThe Czech billionaire bidding to buy Royal Mail has sent letters to more than 100,000 shareholders, including current and former staff, setting out its formal £3.75bn offer for the business.Daniel Křetínský’s EP Group is asking Royal Mail staff, who own more than 5% of the shares in the company, to sell in a move that would help pave the way for the takeover. Continue reading… 

Daniel Křetínský asks more than 100,000 shareholders, including current and former staff, to sell shares

Business live – latest updates

The Czech billionaire bidding to buy Royal Mail has sent letters to more than 100,000 shareholders, including current and former staff, setting out its formal £3.75bn offer for the business.

Daniel Křetínský’s EP Group is asking Royal Mail staff, who own more than 5% of the shares in the company, to sell in a move that would help pave the way for the takeover.

Continue reading… 

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