Cash offer from Daniel Křetínský’s EP Group still needs approval from shareholders and government
The takeover of Royal Mail has edged closer after its owner agreed terms and conditions on a £3.57bn takeover bid by the Czech billionaire Daniel Křetínský.
In an update to the market today, the postal service’s parent company, International Distributions Services (IDS), said it had accepted a cash offer from Křetínský’s EP Group.
Continue reading…Cash offer from Daniel Křetínský’s EP Group still needs approval from shareholders and governmentThe takeover of Royal Mail has edged closer after its owner agreed terms and conditions on a £3.57bn takeover bid by the Czech billionaire Daniel Křetínský.In an update to the market today, the postal service’s parent company, International Distributions Services (IDS), said it had accepted a cash offer from Křetínský’s EP Group. Continue reading…