Report: UK's Royal Mail takeover by Czech billionaire 'approved'

NAMPA / DPA

2024-12-16

London (PA Media/dpa) - The sale of Royal Mail's parent company to a Czech billionaire has been approved by the British government, according to a report. The takeover by Daniel Kretinsky's EP Group from current owner International Distribution Services will be announced on Monday, the BBC reported. Kretinsky is believed to have made several concessions to gain approval, including allowing workers to get a 10% share of any dividends paid out to h......

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