- Possible government intervention
- Powerful workforce
In true Royal Mail fashion, news of a possible takeover was delivered to shareholders a few days late.
On 9 April, International Distributions Services (IDS) received a non-binding proposal from billionaire Daniel Křetínský, otherwise known as the “Czech Sphinx”. Křetínský, who already owns 27.5 per cent of the postal business through industrial giant EP Group, proposed a price of 320p a share.