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Evening Standard
Evening Standard
Business
Daniel O'Boyle and Sian Baldwin

Who is Daniel Křetínský? Czech billionaire gets green light to buy Royal Mail

Daniel Křetínský Royal Mail IDs
Daniel Křetínský is due to take over very soon - (Thomas Samson / AFP via Getty Images)

Daniel Křetínský is set to become the next owner of Royal Mail within weeks after its parent company, International Distributions Services (IDS), accepted a £3.5bn offer.

The Czech billionaire has been given the the green light to buy IDS by ministers, with it now stated this takeover could happen this month (April).

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