_royal-mail-accepts-364-6-billion-takeover-bid-from-czech-billionaire-marking-the-first-foreign-owner-in-its-500-year-his.jpg "Royal Mail Accepts $4.6 Billion Takeover Bid from Czech Billionaire, Marking the First Foreign Owner in Its 500-Year History from net video Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:39
👁 View: 310K times
✓ Published: 30-May-2024
👁 View: 310K times
✓ Published: 30-May-2024
Description:
The owner of the UK's Royal Mail postal service has accepted a $4.6 billion takeover bid from Czech billionaire Daniel Kretínsky. This would mark the first time Royal Mail, which was founded over 500 years ago, has been sold to foreign ownership. Kretínsky private equity firm is already the largest shareholder in Royal Mail with a 27.6% stake. Royal Mail has struggled financially in recent years, recording losses amid declining mail volumes. Kretínsky owns energy companies, retailers, and soccer club West Ham United, with a net worth of $7.7 billion.
The owner of the UK's Royal Mail postal service has accepted a $4.6 billion takeover bid from Czech billionaire Daniel Kretínsky. This would mark the first time Royal Mail, which was founded over 500 years ago, has been sold to foreign ownership. Kretínsky private equity firm is already the largest shareholder in Royal Mail with a 27.6% stake. Royal Mail has struggled financially in recent years, recording losses amid declining mail volumes. Kretínsky owns energy companies, retailers, and soccer club West Ham United, with a net worth of $7.7 billion.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_video-fishermen-catching-fish-with-a-cast-net-caught-a-lot-of-mullet-in-the-river.webp "fish harvest")
⏲ 10 minutes 40 seconds 👁 52K
_trump-media-shares-plummet-15-after-trump39s-guilty-verdict.webp "Shares of Trump Media dropped 15% in extended trading following Former President Donald Trump's guilty verdict in New York. Trump owns 65% of shares in Trump Media, the company that owns the Truth Social app. Trump Media merged with shell company Digital World Acquisition Corp in March, sending its stock surging initially. The company has a market cap of around $9 billion, based largely on Trump's personal brand and following. In its first quarter, Trump Media reported a net loss of more than $320 million on less than $1 million in revenue.")
_a-short-piece-from-the-new-video-about-siren-head.webp "GameInFilm")
⏲ 30 seconds 👁 33.1M
_most-satisfying-cast-net-fishing-video-catch-tons-of-fish-traditional-net-catch-fishing-on-river.webp "Fisherman's Catch")
⏲ 10 minutes 16 seconds 👁 5.7M
_fishing-net-video-traditional-net-fishing-village-in-river-with-beautiful-natural-part-22.webp "Kina Fishing")
⏲ 3 minutes 55 seconds 👁 1.4M
_vlad-and-nikita-save-toy-minibus.webp "Vlad and Niki")
_nat-story4d-280524-lt-when-working-properly-can-smart-meters-actually-save-us-money.webp "Citizens Advice have said they've experienced many seeking their support after being hit by shock bills of a thousand pounds or more.")
_central-cee-ungrateful-net-video.webp "Central Cee")
_video-fishermen-catching-fish-with-a-cast-net-caught-a-lot-of-mullet-in-the-river.jpg)
_trump-media-shares-plummet-15-after-trump39s-guilty-verdict.jpg)
_a-short-piece-from-the-new-video-about-siren-head.jpg)
_most-satisfying-cast-net-fishing-video-catch-tons-of-fish-traditional-net-catch-fishing-on-river.jpg)
_fishing-net-video-traditional-net-fishing-village-in-river-with-beautiful-natural-part-22.jpg)
_vlad-and-nikita-save-toy-minibus.jpg)
_nat-story4d-280524-lt-when-working-properly-can-smart-meters-actually-save-us-money.jpg)
_central-cee-ungrateful-net-video.jpg)
![[+]](/images/menu.gif){kind=small}