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The Independent UK

Business

Alex Daniel

Daniel Kretinsky: The Czech sphinx billionaire buying Royal Mail

Daniel Kretinsky Royal Mail The Czech EP Group IDs the UK Government West Ham United

Daniel Kretinsky has a 27% stake in West Ham United - (Renaud Khanh/ABACA/Shutterstock)

The sale of Royal Mail’s owner to Czech billionaire Daniel Kretinsky has been approved by the UK Government.

The deal, worth £3.6 billion, will see the businessman’s company, EP Group, gain control of the 500-year old postal service.

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