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The Latest Breaking News from Daniel Kretinsky

Royal Mail sale to Czech billionaire Daniel Kretinsky cleared by the Government

Business Secretary Jonathan Reynolds said the Government had secured a raft of legally-binding commitments with Mr Kretinsky’s EP Group.

Evening Standard

Daily first class mail service secured in £3.6 billion Royal Mail takeover

Government secures pledge to maintain the six days a week first class service throughout the ownership of the buyer

Evening Standard

UK's Royal Mail Hit With Fine By Regulator Over Delivery Delays

The fine is nearly double the penalty given to it by the watchdog last year, as the UK's struggling postal service has failed to sufficiently improve its six-days-a-week service.

International Business Times

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Royal Mail close to being sold to Czech billionaire Daniel Kretinsky

Kretinsky, known as the Czech Sphinx because of his low profile, has promised to maintain six days of postal deliveries per week

The Independent UK

Kretinsky’s UK gas power plants made bumper profit after energy crisis

Companies controlled by Czech billionaire Daniel Kretinsky own power stations in Hull, Devon and Northern Ireland.

The Independent UK

Voices: Should we be worried by the Russian business links of the man trying to buy Royal Mail?

With an interest in a pipeline for Russian gas, the Czech billionaire is now facing ministerial scrutiny. But that might be the least of the problems facing anyone running Britain’s postal service, writes Chris Blackhurst

The Independent UK

French Tech Giant Atos's Top Shareholder Drops Rescue Offer

A consortium led by the top shareholder of troubled French tech giant Atos, an IT partner for the Paris Olympics and French military, has withdrawn a rescue offer for the group, the companies said on Wednesday.

International Business Times

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Royal Mail takeover has benefits but poses risk to those reliant on UK’s national postal service

Selling a British institution to a foreign billionaire is a big deal. In the case of Royal Mail, that deal is not yet done, but the company’s board has agreed to the move in principle.

The Conversation

Royal Mail owner agrees to takeover by Czech billionaire Daniel Kretinsky

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

France 24

UK's Royal Mail Buyout: Who Is Czech Billionaire Kretinsky?

A billionaire with interests in football clubs, media outlets, supermarkets and now the potential new owner of Britain's Royal Mail, Czech Daniel Kretinsky retains a stubbornly low profile internationally.

International Business Times

OPINION - It’s too expensive to send a letter — we should renationalise Royal Mail, not sell it abroad

The other day I got the shock of my life at the post office where I was sending a letter to Ireland to find the nice man on the counter was asking me for £2.50 for a stamp. Two. Pounds. Fifty. “What,” I said weakly. “Yep,” he said, plainly used…

Evening Standard

Why UK Major Firms Are Facing Takeover Attempts?

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

International Business Times

Royal Mail Owner Accepts Czech Billionaire's Takeover

Former state monopoly Royal Mail was privatized in 2013 and has since seen its core letters business ravaged as consumers increasingly communicate online, which has conversely helped its international parcels business, GLS.

International Business Times

FTSE 100 Live 29 May: Blue-chips slide, Ocado and St James' Place in for relegation

Global stock markets remain under pressure as worries mount that interest rates will stay high for longer.

Evening Standard

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The Independent UK

Royal Mail probe as figures reveal how much first-class post actually arrives in a day

The regulator Ofcom has launched an investigation into Royal Mail over missing post targets

International Business Times

France's Casino Supermarket Chain To Axe Up To 3,200 Jobs

French supermarket group Casino said Wednesday it would axe between 1,300 and 3,200 jobs as part of a reorganisation following its recent takeover led by Czech billionaire Daniel Kretinsky.

Evening Standard

West Ham sound out investors as Vanessa Gold puts large portion of family’s shares up for sale

Vanessa Gold, who controls the family trust, is ready to part with 10 per cent of their stake

The Guardian - UK

David Gold’s family put part of their stake in West Ham up for sale

The Golds own 25.1% of the club and look likely to sell up to 10% and Vanessa Gold has said the sale will have her father’s legacy in mind

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The National (Scotland)

Scottish pension fund’s hidden stake in firm controlling Russian gas pipeline

LOTHIAN Pension Fund has a hidden stake in a firm which runs coal power plants and controls part of a major pipeline transporting Russian

The Guardian - UK

David Moyes still has credit with fans but West Ham approach is outdated

Manager brought calm but this season’s struggles have turned spotlight back on to club’s structural issues and lack of foresight

The Guardian - UK

Sullivan and Kretinsky sit tight at West Ham despite end of penalty sale clause

Daniel Kretinsky and David Sullivan have no plans to change the ownership of West Ham before the end of the season

Evening Standard

Qatar target Premier League investment amid Tottenham denials

Qatar is aiming to expand its sports portfolio by buying a minority stake in a Premier League club, with Tottenham thought to be the likeliest target.

Evening Standard

West Ham: David Gold stake expected to be inherited by family after co-chairman’s death at 86

The 25 per cent share in West Ham owned by co-chairman David Gold is expected to be passed to his family, following his death on Wednesday at the age of 86.

Daily Mirror

Royal Mail's £2bn to shareholders as it refuses staff decent pay rise and plans jobs axe

Royal Mail has dished out £1.9billion to shareholders since it was privatised in 2013 and chief executive Simon Thompson got a pay and perks deal worth £753,000 in its last financial year

Daily Mirror

Four Premier League clubs Sir Jim Ratcliffe can target after Man Utd takeover ruled out

Sir Jim Ratcliffe has revealed that a takeover at Manchester United is not on the cards, but he has hinted that he could explore other opportunities in the Premier League

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