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The Latest Breaking News from Daniel Kretinsky

Royal Mail £3.6bn takeover delayed amid political woes in Romania

EP Group still needs to gain approval from officials in Romania and now expects to complete the takeover in the second quarter.

Evening Standard

Royal Mail sees parcel boost over Christmas as £3.6bn takeover nears completion

International Distribution Services said Royal Mail’s revenues lifted 2.4% in the three months to the end of December.

Evening Standard

Royal Mail takeover and Carlsberg’s swoop on Britvic in year of mega deals

UK equities have been firmly in the crosshair of foreign suitors and private equity buyout specialists throughout 2024.

Evening Standard

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Royal Mail sale to Czech billionaire gets national security clearance

The deal has been cleared on national security grounds, taking the Royal Mail a step closer to falling into foreign ownership.

Evening Standard

Royal Mail takeover: impact on UK stamps, letters & parcels ...The Standard podcast

Plus! Approved: City of London’s tallest skyscraper approved...tall as Shard

Evening Standard

What has been agreed under the Royal Mail takeover and what are the next steps?

Czech billionaire Daniel Kretinsky has agreed to a series of legally-binding commitments to gain government clearance for the deal.

Evening Standard

Daniel Kretinsky: The Czech sphinx billionaire buying Royal Mail

Daniel Kretinsky owns one of Britain’s most expensive homes, the 15-bedroom Heath Hall mansion in Hampstead

The Independent UK

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Who is Daniel Kretinsky, the Czech billionaire buyer of Royal Mail?

Here, the PA news agency looks who Mr Kretinsky is and what the new ownership could mean for the historic British company.

Evening Standard

Royal Mail sale to Czech billionaire Daniel Kretinsky cleared by the Government

Business Secretary Jonathan Reynolds said the Government had secured a raft of legally-binding commitments with Mr Kretinsky’s EP Group.

Evening Standard

Daily first class mail service secured in £3.6 billion Royal Mail takeover

Government secures pledge to maintain the six days a week first class service throughout the ownership of the buyer

Evening Standard

UK's Royal Mail Hit With Fine By Regulator Over Delivery Delays

The fine is nearly double the penalty given to it by the watchdog last year, as the UK's struggling postal service has failed to sufficiently improve its six-days-a-week service.

International Business Times

Royal Mail close to being sold to Czech billionaire Daniel Kretinsky

Kretinsky, known as the Czech Sphinx because of his low profile, has promised to maintain six days of postal deliveries per week

The Independent UK

Kretinsky’s UK gas power plants made bumper profit after energy crisis

Companies controlled by Czech billionaire Daniel Kretinsky own power stations in Hull, Devon and Northern Ireland.

The Independent UK

Voices: Should we be worried by the Russian business links of the man trying to buy Royal Mail?

With an interest in a pipeline for Russian gas, the Czech billionaire is now facing ministerial scrutiny. But that might be the least of the problems facing anyone running Britain’s postal service, writes Chris Blackhurst

The Independent UK

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International Business Times

French Tech Giant Atos's Top Shareholder Drops Rescue Offer

A consortium led by the top shareholder of troubled French tech giant Atos, an IT partner for the Paris Olympics and French military, has withdrawn a rescue offer for the group, the companies said on Wednesday.

The Conversation

Royal Mail takeover has benefits but poses risk to those reliant on UK’s national postal service

Selling a British institution to a foreign billionaire is a big deal. In the case of Royal Mail, that deal is not yet done, but the company’s board has agreed to the move in principle.

France 24

Royal Mail owner agrees to takeover by Czech billionaire Daniel Kretinsky

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

International Business Times

UK's Royal Mail Buyout: Who Is Czech Billionaire Kretinsky?

A billionaire with interests in football clubs, media outlets, supermarkets and now the potential new owner of Britain's Royal Mail, Czech Daniel Kretinsky retains a stubbornly low profile internationally.

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Evening Standard

OPINION - It’s too expensive to send a letter — we should renationalise Royal Mail, not sell it abroad

The other day I got the shock of my life at the post office where I was sending a letter to Ireland to find the nice man on the counter was asking me for £2.50 for a stamp. Two. Pounds. Fifty. “What,” I said weakly. “Yep,” he said, plainly used…

International Business Times

Why UK Major Firms Are Facing Takeover Attempts?

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

International Business Times

Royal Mail Owner Accepts Czech Billionaire's Takeover

Former state monopoly Royal Mail was privatized in 2013 and has since seen its core letters business ravaged as consumers increasingly communicate online, which has conversely helped its international parcels business, GLS.

Evening Standard

FTSE 100 Live 29 May: Blue-chips slide, Ocado and St James' Place in for relegation

Global stock markets remain under pressure as worries mount that interest rates will stay high for longer.

The Independent UK

Royal Mail probe as figures reveal how much first-class post actually arrives in a day

The regulator Ofcom has launched an investigation into Royal Mail over missing post targets

International Business Times

France's Casino Supermarket Chain To Axe Up To 3,200 Jobs

French supermarket group Casino said Wednesday it would axe between 1,300 and 3,200 jobs as part of a reorganisation following its recent takeover led by Czech billionaire Daniel Kretinsky.

Evening Standard

West Ham sound out investors as Vanessa Gold puts large portion of family’s shares up for sale

Vanessa Gold, who controls the family trust, is ready to part with 10 per cent of their stake

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