Royal Mail takeover by Czech billionaire Daniel Kretinsky approved
December 16, 2024
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5:02Now PlayingRoyal Mail takeover by Czech billionaire Daniel Kretinsky approved
YouTube Description
as posted by the channelThe takeover of Royal Mail by Czech billionaire Daniel Kretinsky has been approved by the government - allowing the postal service to pass into foreign ownership for the first time.
The total value of the takeover is £5.3bn - which includes the company's debt.
The deal had been agreed in May but was subject to a government review under national security laws as Royal Mail is considered vital national infrastructure.
#skynews #uk #royalmail
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