Czech billionaire Kretinsky takes over Royal Mail in £3.6 billion deal

Britain’s Royal Mail set for foreign ownership as Czech billionaire Kretinsky’s EP Group takes overDeal valued at £3.6 billion ($4.5 billion) ensures Royal Mail remains headquartered in Britain and retains jobsGovernment to maintain a “golden share” with veto power over headquarters relocation and tax residency changesEP Group, which already holds a near 28% stake, promises […]