ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!
Czech billionaire launches raid on Royal Mail, buying more than 5% of postal service
-
Janet Brum
- Posts: 886
- Joined: 28 Sep 2016, 19:52
- Gender: Female
Czech billionaire launches raid on Royal Mail, buying more than 5% of postal service
Interesting, they might be mates and the Czeh knew Rico`s about to resign/ kicked in the butt by higher powers, who knows.
-
Janet Brum
- Posts: 886
- Joined: 28 Sep 2016, 19:52
- Gender: Female
Czech billionaire launches raid on Royal Mail, buying more than 5% of postal service
https://www-thisismoney-co-uk.cdn.amppr ... -100m.html" onclick="window.open(this.href);return false;
Czech billionaire Daniel Kretinsky has raised his stake in Royal Mail to above £100 million as the postal service battles its biggest crisis since it was privatised.
A source said Kretinsky was not involved in Back's departure from the company, which was privatised in 2013.
However, speculation is swirling about the intentions of the investor known as the Czech Sphinx after The Mail on Sunday revealed earlier this month he had quietly become the company's fourth largest shareholder.
Deutsche Bank analysts advised clients to stop selling Royal Mail shares in case Kretinsky launched a takeover bid that would cause them to rise.
Kretinsky, who owns Czech energy giant EPH which also owns power plants in the UK, last week took a 5 per cent stake in American department store chain Macy's.
Last year, he launched a failed bid for German retailer Metro after building a stake but is still the largest shareholder.
A spokesman for Kretinsky declined to comment on his stake.
Czech billionaire Daniel Kretinsky has raised his stake in Royal Mail to above £100 million as the postal service battles its biggest crisis since it was privatised.
A source said Kretinsky was not involved in Back's departure from the company, which was privatised in 2013.
However, speculation is swirling about the intentions of the investor known as the Czech Sphinx after The Mail on Sunday revealed earlier this month he had quietly become the company's fourth largest shareholder.
Deutsche Bank analysts advised clients to stop selling Royal Mail shares in case Kretinsky launched a takeover bid that would cause them to rise.
Kretinsky, who owns Czech energy giant EPH which also owns power plants in the UK, last week took a 5 per cent stake in American department store chain Macy's.
Last year, he launched a failed bid for German retailer Metro after building a stake but is still the largest shareholder.
A spokesman for Kretinsky declined to comment on his stake.