Czech Royal Mail buyer to make offer for all staff shares by post
Source: BBC
More than 100,000 former and current Royal Mail staff will this week be asked to sell their shares to a Czech billionaire.On Wednesday morning, Daniel Kretinsky’s investment group, which wants to buy Royal Mail's parent company, will publish its formal offer online and send it by post.Mr Kretinsky can then formally start lobbying investors to accept the offer.He needs the approval of shareholders of three…
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