Tag: 3.57bn

Royal Mail owner accepts £3.57bn takeover offer from Czech billionaire

The owner of the British postal service Royal Mail, International Distribution Services, said it has agreed to a £3.57 billion (€4.2 billion) takeover offer from Czech billionaire Daniel Kretinsky’s EP Group. The offer would see EP Group buy IDS for 370p per share, while offering a series of “contractual commitments and intentions” to protect public […]