Shareholder calls for softening of postal service’s obligations after failed takeover bid by Czech billionaire for owner IDS

One of the top investors in Royal Mail’s owner has said it is vulnerable to “corporate predators”, arguing that a recent takeover bid by a Czech billionaire significantly undervalues the company.

Redwheel called for regulators to water down the UK postal service’s legal obligations after Daniel Křetínský’s failed takeover attempt of its parent company International Distributions Services (IDS).

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Art attack: can vandalism be justified to save the planet? | Letters

Readers on the protest by Just Stop Oil activists who threw soup…

Lord’s Prayer opening may be ‘problematic’, says archbishop

Archbishop of York tells General Synod that ‘Our Father’ has patriarchal connotations…

Seaweed could avert food crisis caused by extreme weather

Scientists believe Ulva can become a staple crop via undersea farming –…