Royal Mail owner warns Czech billionaire’s offer could create risk around finances
The Guardian -

IDS says a change in ownership may lead to ‘material uncertainty’ over the company’s futureRoyal Mail’s owner has warned that a potential £3.5bn bid by the Czech billionaire Daniel Křetínský could create risk around the company’s finances.The warning came as the industry regulator Ofcom announced that it had opened an investigation into the parent group, International Distributions Services (IDS), for failing to meet its annual delivery targets for the second year in a row. Last year, Ofcom...

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