Křetínský £5.3bn bid for Royal Mail owner approved by UK government

State will keep ‘golden share’ in troubled postal service

Topics

UK government approves $4.6-billion takeover of Royal Mail by Czech billionaire

Britain’s government has approved the sale of Royal Mail’s parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its ...
ABC News - 1h
Royal Mail takeover by Czech billionaire approved

The £3.6bn deal by Daniel Kretinsky is cleared after agreeing "legally binding" undertakings.
BBC News - 1h
Royal Mail fined £10.5m for missing delivery targets

It is the second year in a row the company has been fined by the regulator for poor delivery performance.
BBC News - 3d
Ofcom fines UK’s Royal Mail £10.5mn for poor performance

Penalty almost double previous year’s over failure to meet delivery targets
Financial Times - 3d
Revealed: the business dealings of Royal Mail bidder Daniel Křetínský

With the Czech billionaire on the verge of a £3.6bn takeover, the Guardian looks at his dealings in Russia and elsewhere. On a cool June day in 2016, as Britain reeled from the outcome of the ...
The Guardian - Dec. 7
UK regulator approves £16.5bn combination of Vodafone and Three

Merger is expected to create Britain’s largest mobile operator
Financial Times - Dec. 5
Police seek dog owner after fatal attack on young deer in royal park

Footage released of spaniel chasing deer in ‘deeply distressing’ incident in Richmond Park. Police are looking for the owner of a pet dog that is believed to have chased and killed a deer in ...
The Guardian - Dec. 4
Princess of Wales joins royals as Qatari state visit to the UK starts

The Princess of Wales helped kick off the emir of Qatar’s trip to Britain as the U.K. government enlists one of the most popular royals to ensure the success of a state visit by the leader of a key ...
ABC News - Dec. 3
Husband of UK royal took own life after ‘adverse effects of medication’

Coroner says evidence suggests Thomas Kingston, who was married to Lady Gabriella, had a ‘lack of suicidal intent’. The son-in-law of Prince and Princess Michael of Kent killed himself after ...
The Guardian - Dec. 3