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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Royal Mail parent ‘minded to’ accept £3.5bn takeover bid from West Ham co-owner Křetínský

Royal Mail West Ham IDs Daniel Křetínský GLS EP Group Board Stock Market

The owner of Royal Mail says it is ‘minded to’ accept a huge £3.5 billion offer from Czech West Ham co-owner Daniel Křetínský.

EP Group, a business owned by Křetínský, made an approach last month to acquire International Distribution Services, which owns Royal Mail as well as a Dutch postage business, but was rebuffed by the IDS board.

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