_royal-mail-accepts-364-6-billion-takeover-bid-from-czech-billionaire-marking-the-first-foreign-owner-in-its-500-year-his.jpg "Royal Mail Accepts $4.6 Billion Takeover Bid from Czech Billionaire, Marking the First Foreign Owner in Its 500-Year History from net co Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:39
👁 View: 310K times
✓ Published: 30-May-2024
👁 View: 310K times
✓ Published: 30-May-2024
Description:
The owner of the UK's Royal Mail postal service has accepted a $4.6 billion takeover bid from Czech billionaire Daniel Kretínsky. This would mark the first time Royal Mail, which was founded over 500 years ago, has been sold to foreign ownership. Kretínsky private equity firm is already the largest shareholder in Royal Mail with a 27.6% stake. Royal Mail has struggled financially in recent years, recording losses amid declining mail volumes. Kretínsky owns energy companies, retailers, and soccer club West Ham United, with a net worth of $7.7 billion.
The owner of the UK's Royal Mail postal service has accepted a $4.6 billion takeover bid from Czech billionaire Daniel Kretínsky. This would mark the first time Royal Mail, which was founded over 500 years ago, has been sold to foreign ownership. Kretínsky private equity firm is already the largest shareholder in Royal Mail with a 27.6% stake. Royal Mail has struggled financially in recent years, recording losses amid declining mail volumes. Kretínsky owns energy companies, retailers, and soccer club West Ham United, with a net worth of $7.7 billion.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_labour-reacts-to-conservative39s-migration-crackdown.webp "Labour's Pat McFadden has reacted to the Conservative's plan to cap migration after Rishi Sunak promised the number of visas available to migrants would be reduced each year under a new Conservative government. The Labour campaign co-ordinator said: \")
_night-club-new-exclusive-by-netco-productions.webp "Maryland Elevators")
_netco-profile.webp "NETCO NETWORK SECURITY SOLUTIONS LLC")
_retro-30-photographs-from-the-ballymoney-show-in-2006-and-2007.webp "We have another superb selection of old photographs which come from the Farming Life archives.<br/>These photographs, there are 30 in total, were taken at the Ballymoney Shows which were held in 2006 and 2007, and there is also a photo from 1903.<br/>We were wondering if any of our readers might be able to identify those in the photographs.<br/>Have a look through this selection and let us know, drop us a comment, or email darryl.armitage@nationalworld.com.<br/>In this weeks and months, we hope to bring regular Retro pictures for readers to enjoy.")
_i-got-addicted-to-a-terrible-youtube-browser-game.webp "WILDCAT as well")
_taylor-lautner-and-tay-lautner-124-how-well-do-you-do-know-your-co-star-124-marie-claire.webp "Newlyweds Taylor Lautner and Taylor Lautner (aka Tay Dome) put their relationship to the test while playing 'How Well Do You Know Your Co-Star' with Marie Claire. The couple revealed hidden talents, their new podcast 'The Squeeze', and the time Lautner auditioned for ‘Camp Rock.’")
_morning-worship-124-folj-church.webp "Ankit Sajwan Ministries - FOLJ Church")
_handy-pak-net-co-ez-folding-fishing-net-how-to-fold-the-dang-thing.webp "Timzorrr")
_labour-reacts-to-conservative39s-migration-crackdown.jpg)
_night-club-new-exclusive-by-netco-productions.jpg)
_netco-profile.jpg)
_retro-30-photographs-from-the-ballymoney-show-in-2006-and-2007.jpg)
_i-got-addicted-to-a-terrible-youtube-browser-game.jpg)
_taylor-lautner-and-tay-lautner-124-how-well-do-you-do-know-your-co-star-124-marie-claire.jpg)
_morning-worship-124-folj-church.jpg)
_handy-pak-net-co-ez-folding-fishing-net-how-to-fold-the-dang-thing.jpg)
![[+]](/images/menu.gif){kind=small}