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Royal Mail owner received takeover offer from Czech billionaire


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IDS shares rise as it is reported it rejected bid from Daniel Křetínský’s EP Group

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The owner of Royal Mail received a £3bn takeover offer from a Czech billionaire who has stakes in Sainsbury’s and West Ham United football club.

Daniel Křetínský approached International Distributions Services (IDS), the owner of the struggling British postal company, this month.

Continue reading…IDS shares rise as it is reported it rejected bid from Daniel Křetínský’s EP GroupBusiness live – latest updatesThe owner of Royal Mail received a £3bn takeover offer from a Czech billionaire who has stakes in Sainsbury’s and West Ham United football club.Daniel Křetínský approached International Distributions Services (IDS), the owner of the struggling British postal company, this month. Continue reading…