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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Royal Mail and Anglo American shareholders braced for final takeover offers

Anglo American Royal Mail Anglo Daniel Křetínský BHP United Kingdom IDs
Four red Royal Mail vans in a car park
The International Distributions Services, which owns Royal Mail, said it was ‘minded’ to recommend a proposal if a firm offer is made. Photograph: Adam Vaughan/EPA

Shareholders in Royal Mail’s owner and in the mining company Anglo American are awaiting a final deadline on Wednesday for firm offers that could see two of the UK’s most prominent companies fall into foreign ownership.

Czech billionaire Daniel Křetínský has made an approach to International Distributions Services (IDS), which runs Royal Mail, while Australia’s BHP is trying to buy its rival Anglo American, a stalwart of London’s FTSE 100 index.

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