The offer from ‘Czech Sphinx’ Daniel Kretinsky includes plans to maintain public services, but has attracted scrutiny from politicians and unions.
The offer would see EP Group buy International Distribution Services, which owns Royal Mail, for 370p per share.
It also said it would protect existing employment rights of all IDS staff, and confirmed there is “no intention to make any material changes to overall headcount or reductions in the number of frontline workers". Shadow business secretary Jonathan Reynolds said on Wednesday: “Royal Mail is an iconic British institution with a unique place in our society and infrastructure. Labour will take the necessary steps to safeguard its undeniable identity and place in public life.
Communication Workers Union general secretary Dave Ward said on Wednesday: “We do welcome some of the commitments that have been made but the reality is postal workers across the UK have lost all faith in the senior management of Royal Mail and the service has been deliberately run down.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Royal Mail owner agrees to £3.6bn takeover by 'Czech Sphinx' Daniel KretinskyThe company's parent firm said its branding and UK headquarters would remain in place as part of the deal, along with its universal service obligation to 'one-price-goes-anywhere' first class post six days a week.
Weiterlesen »
Royal Mail owners agree to £3.5bn takeover offer from Czech billionaire Daniel KretinskyRoyal Mail parent firm International Distribution Services (IDS) has said its board of directors have agreed to a £3.57 billion takeover offer from Czech billionaire and shareholder Daniel Kretinsky.
Weiterlesen »
Royal Mail's owner says it would be 'minded' to agree takeover by Daniel Kretinsky: Czech...The mogul - known as the Czech Sphinx - had until 5pm today to walk away or make a bid for International Distributions Services (IDS).
Weiterlesen »
Ministers 'not planning to intervene' in Royal Mail takeover after 'Czech Sphinx' Daniel Kretinsky...In a move that sent shockwaves through the City and Westminster, the board of its parent company backed a £3.5billion takeover offer from a billionaire dubbed the 'Czech Sphinx'.
Weiterlesen »
Ministers 'not planning to intervene' in Royal Mail takeover after 'Czech Sphinx' Daniel Kretinsky...In a move that sent shockwaves through the City and Westminster, the board of its parent company backed a £3.5billion takeover offer from a billionaire dubbed the 'Czech Sphinx'.
Weiterlesen »
The 'Czech sphinx' with $7bn fortune eyeing up Royal Mail takeover: Billionaire Daniel Kretinsky,...Known as the 'Czech Sphinx' for his inscrutable manner, the 48-year-old already has substantial investments in the UK, including a 27 per cent stake in West Ham.
Weiterlesen »