Political News

Foreign bid for Royal Mail would face security review - Hunt

By Frank Prenesti

Date: Friday 17 May 2024

(Sharecast News) - Any takeover bid for the Royal Mail owner International Distributions Services would be subject to routine national security scrutiny but it would not be opposed in principle, British Finance Minister Jeremy Hunt said on Friday.
IDS on Wednesday recommended a £3.5bn approach from its biggest shareholder Daniel Kretinsky...

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