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UK to look at security implications of Křetínský Royal Mail bid

UK to look at security implications of Křetínský Royal Mail bid



But Jeremy Hunt indicated ministers not opposed to offer from Czech billionaire in principleBusiness live – latest updatesThe chancellor, Jeremy Hunt, has said the UK will look at the national security implications of a bid for Royal Mail by the Czech billionaire Daniel Křetínský, but indicated ministers were not opposed to the takeover in principle.Royal Mail’s owner, London-listed International Distributions Services (IDS), on Wednesday backed a £3.5bn bid by Křetínský’s EP Group, after initially rejecting a £3.2bn offer. Continue reading…



Source link : https://www.theguardian.com/business/article/2024/may/17/uk-to-look-at-security-implications-of-kretinsky-royal-mail-bid

Author : Jasper Jolly

Publish date : 2024-05-17 13:52:02

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Tags : The Guardian

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