Royal Mail owner received takeover offer from Czech billionaire

Royal Mail owner received takeover offer from Czech billionaire

IDS shares rise as it is reported it rejected bid from Daniel Křetínský’s EP Group

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The owner of the struggling postal company Royal Mail has received a takeover offer from a Czech billionaire who has stakes in Sainsbury’s and West Ham United football club.

Daniel Křetínský approached International Distributions Services (IDS), the owner of the British postal service, earlier this month.

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