UK Government Approves Daniel Křetínský's £5.3 Billion ($6.7 Billion) Bid for Royal Mail Owner

Dec 16, 2024, 12:12 AM

The UK government has approved a £5.3 billion ($6.7 billion) bid by Czech billionaire Daniel Křetínský for the owner of Royal Mail. This decision paves the way for Křetínský's acquisition of the postal service's parent company, a significant move in the UK postal sector. The bid, which has garnered attention from various financial news outlets, is seen as a crucial step for Křetínský, who has been actively expanding his business interests in the UK.