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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... 08:44 - May 29 with 706 viewstheloneranger

"Royal Mail owner International Distribution Services has agreed terms for a £3.57billion takeover by Czech billionaire Daniel Kretinsky’s EP Group."

Kretinsky said he had the 'utmost respect' for the history and tradition of the service, which employs around 150,000 people, as he made a series of commitments to secure Royal Mail's future. "

The offer includes commitments to retain Royal Mail's name, brand, UK headquarters and UK tax residency, as well as protections for employee benefits and pensions.



https://www.thisismoney.co.uk/money/markets/article-13470745/Czech-billionaire-D

Everyday above ground ... Is a good day! 😎

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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 09:04 - May 29 with 696 viewsonehunglow

Disgusting
Should never have been privatised and now we will be owned by Czechs

Poll: Christmas. Enjoyable or not

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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 14:02 - May 29 with 615 viewshowenjack

Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 09:04 - May 29 by onehunglow

Disgusting
Should never have been privatised and now we will be owned by Czechs


The Czech's in the post.
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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 14:08 - May 29 with 599 viewsWhiterockin

Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 14:02 - May 29 by howenjack

The Czech's in the post.



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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 14:22 - May 29 with 584 viewsonehunglow

Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 14:08 - May 29 by Whiterockin



He s even got the apostrophe correct.
We will have to watch him

Poll: Christmas. Enjoyable or not

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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 14:40 - May 29 with 573 viewsbuilthjack

Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 09:04 - May 29 by onehunglow

Disgusting
Should never have been privatised and now we will be owned by Czechs


It was your mate Cameron who privatised it.

Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.

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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 14:49 - May 29 with 561 viewsonehunglow

Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 14:40 - May 29 by builthjack

It was your mate Cameron who privatised it.


“ mate”
Explain .
You’ve again conveniently missed my pejorative assault on that piece of crap .
Keep up Ken,mun

Poll: Christmas. Enjoyable or not

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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 22:04 - May 30 with 443 viewsTreforys_Jack

Another nail in the coffin. Just like all our utility and manufacturing industries.
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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 22:44 - May 30 with 407 viewsmajorraglan

Commitment to retain the U.K. tax residency ……..

FFS what is the country coming to, it was a British company providing a service in the UK which WE are paying for through the nose, it has a monopoly on letters etc - there’s no way on earth it should be paying its tax elsewhere. In fact we need a serious review of the accountancy and tax rules, if companies want to headquarter in some island and pay no tax then so be it, but they should then be hit with a turnover fee to make up for it.
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Royal Mail owner IDS agrees Kretinsky's £3.6bn takeover bid ... on 20:37 - Jun 1 with 299 viewsReslovenSwan1

"Kretinsky's 1890s Holdings group has a 27% stake in the English Premier League soccer club West Ham, according to the club's website, in addition to his ownership of the leading Czech team, Sparta Prague".

UK wealth has been based of n selling assets and reinvesting. Shareholders have not made much money out of this privatisation compared with British gas for example. UK shareholders can take their money an invest in something more profitable.

Wise sage since Toshack era

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