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Royal Mail rejects buyout approach from biggest shareholder

Czech billionaire Daniel Křetínský made an offer for the 72.5 per cent of International Distributions Services he doesn't already own last week
April 17, 2024
  • Royal Mail owner rejected deal at 320p on 11 April
  • Vesa Equity says private investment in UK mail system "crucial"

Czech billionaire Daniel Křetínský is attempting to buy the whole of International Distributions Services (IDS), the parent company of Royal Mail – but has so far been thwarted. 

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