Czech Billionaire's £3.75bn Bid for Royal Mail Faces Scrutiny

Daniel Kretinsky's offer includes commitments on UK operations and employment; union and government responses remain pivotal.

More than 100,000 Royal Mail staff are being asked to sell their shares to Kretinsky's EP Group.
The bid includes maintaining Royal Mail's UK headquarters, tax base, and employment agreements.
Kretinsky needs approval from 75% of shareholders, with major asset managers holding significant stakes.
The deal is subject to national security review and potential government intervention.
Advisers on the deal stand to earn over £130m in fees.