Royal Mail takeover by Czech billionaire approved
- The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved, according to Sky News.
- Kretinsky's company EP Group will buy the postal service's parent company International Distribution Services for £5.3bn.
- Royal Mail will ensure workers receive a 10% share of dividends and form a workers group to meet monthly with directors.
- Kretinsky plans to invest in delivery lockers to improve online delivery efficiency, similar to practices in Europe.
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Total News Sources0
Leaning Left19Leaning Right24Center26Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
37% Center
L 28%
C 37%
R 35%
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