The board of International Distribution Services, which owns Royal Mail, said that it has accepted a £3.57 billion buyout bid from the EP Group, led by Czech billionaire Daniel Kretinsky. Businessman Mr Kretinsky already owned more than a quarter of IDS, which controls Royal Mail, Parcelforce, and the international mailing service GLS. Known as the ‘CzechContinue reading “Daniel Kretinsky’s EP Group Buys Royal Mail For £3.57 Billion”