Royal Mail takeover by Czech billionaire Daniel Křetínský approved
www.theguardian.com
UK government to retain ‘golden share’ in parent company International Distribution Services

Summary

The UK government has approved Czech billionaire Daniel Křetínský’s £3.6bn takeover of International Distribution Services (IDS), Royal Mail’s parent company, after a national security review.

It marks the first foreign ownership in Royal Mail’s 508-year history. The government retains a “golden share” to protect the postal service’s obligations, branding, and UK-based operations.

The deal includes commitments to maintain the universal service, worker protections, and delivery performance.

While seen as a pivotal moment for Royal Mail’s future, scrutiny persists over Křetínský’s ties to Russian energy and controversial business dealings.

  • where_am_i@sh.itjust.worksEnglish
    610·
    13 days ago

    Ah, I was wondering how will lemmy make sure to talk about trump after the elections are over?

    Yeah, right, by mentioning him and upvoting any mentioning of him in any sub on any topic.

    This is a thread about UK and Czechia. Get the hell out with your American politics. Shove it faaaar up your ass and then walk like that till you reach reddit.