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Why is a Czech billionaire interested in buying Royal Mail’s owner?

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May 15, 2024
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International Distribution Services (IDS) has announced on Wednesday that its board is inclined to recommend Daniel Kretinsky’s offer to its shareholders. This indicates the depth of discussions that have taken place between IDS and Mr Kretinsky’s EP Group since the initial offer was rejected in April. The offer from EP Group has been increased by 15.6%, which is considered significant in the…

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