Royal Mail parent ‘minded to’ accept £3.5bn takeover bid from West Ham co-owner Křetínský
by Daniel O'Boyle
May 15, 2024
2 minutes
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The owner of Royal Mail says it is ‘minded to’ accept a huge £3.5 billion offer from Czech West Ham co-owner Daniel Křetínský.
EP Group, a business owned by Křetínský, made an approach last month to acquire International Distribution Services, which owns Royal Mail as well as a Dutch postage business, but was rebuffed by the IDS board.
The blockbuster potential deal, at 360p per share,
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