ROYAL Mail is set to be bought by a Czech billionaire after the government gave the deal its stamp of approval.
The £3.6billion takeover by Daniel Kretinsky's EP Group includes commitments not to cut jobs or break up the organisation.
It is likely to go ahead early next year, meaning Royal Mail will be in foreign ownership for the first time in its 500-year history.
This story is from the December 17, 2024 edition of Daily Mirror UK.
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This story is from the December 17, 2024 edition of Daily Mirror UK.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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