Royal Mail takeover deal by Czech billionaire to be finalised this month

Royal Mail takeover deal by Czech billionaire to be finalised this month

Royal Mail, Daniel Křetínský, Business, Czech Republic, Postal service, Mergers and acquisitions, Europe, UK news, World news Business | The Guardian

​Daniel Křetínský clears final regulatory hurdles for £3.6bn takeover of Royal Mail parent companyBusiness live – latest updatesThe £3.6bn takeover of Royal Mail’s parent company will be completed this month, nearly a year after it was first agreed, as the Czech billionaire Daniel Křetínský cleared the final regulatory hurdles standing in the way.International Distribution Services (IDS), the owner of the 508-year-old Royal Mail, said on Thursday the deal “may become or be declared unconditional” by 30 April, after a delay due to issues in Romania. Continue reading… 

Daniel Křetínský clears final regulatory hurdles for £3.6bn takeover of Royal Mail parent company

The £3.6bn takeover of Royal Mail’s parent company will be completed this month, nearly a year after it was first agreed, as the Czech billionaire Daniel Křetínský cleared the final regulatory hurdles standing in the way.

International Distribution Services (IDS), the owner of the 508-year-old Royal Mail, said on Thursday the deal “may become or be declared unconditional” by 30 April, after a delay due to issues in Romania.

Continue reading… 

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