Royal Mail: Owners to back £5bn takeover offer by billionaire
Source: BBC
The board of the company that owns Royal Mail is expected to recommend a fresh takeover offer for the 500-year-old organisation on Wednesday.Czech billionaire Daniel Kretinsky will firm up an offer of £5bn for the company which employs more than 150,000 people.It’s thought the offer will include commitments to retain the name, brand, UK headquarters and UK tax residency, as well as ruling out compulsory…
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