Get access to our best features
Get access to our best features
Published

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.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 38% of the sources are Center
37% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)