Here’s what the Czech Sphinx is planning for Royal Mail Retail EP Group will offer a legally binding guarantee that there will be no change in control of GLS or Royal Mail for three years following the acquisition.
Czech Sphinx plots £800m Royal Mail investment to topple Amazon in UK parcel war Business Kretinsky’s Royal Mail takeover has ignited a national security investigation with critics wary of a historic British institution falling into foreign hands.
What is waiting in business secretary Jonathan Reynolds’ in-tray? UK Politics Jonathan Reynolds’ in-tray is already piling up with urgent issues. We take a look at a few of the day one problems facing the new business secretary.
Kretinsky mulls giving Royal Mail staff a stake as part of £3.6bn deal June 26, 2024 The Czech billionaire that is looking to buy Royal Mail is weighing up giving staff a stake in the business if his offer is accepted.
Daniel Kretinsky ‘ready to consider’ giving workers a stake in Royal Mail June 17, 2024 Kretinksy struck a deal with International Distributions Services (IDS), the owner of Royal Mail, late last month for £3.6bn, but it has been far from sealed.