M&A

Czech's in the post as Kretinsky strikes £5.3bn deal for Royal Mail

By Frank Prenesti

Date: Wednesday 29 May 2024

(Sharecast News) - Royal Mail owner International Distribution Services on Wednesday said it had reached agreement with Czech billionaire Daniel Kretinsky on a takeover worth up to £5.3bn for the 500-year-old company.
Kretinsky's EP Group is offering 360p a share along with the 2p final dividend for the year to March...

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