Royal Mail bidder sends letters to staff outlining £3.75bn takeover offer
by Jack Simpson from World news | The Guardian on (#6NSGG)
Daniel Ketinsky asks more than 100,000 shareholders, including current and former staff, to sell shares
The Czech billionaire bidding to buy Royal Mail has sent letters to more than 100,000 shareholders, including current and former staff, setting out its formal 3.75bn offer for the business.
Daniel Ketinsky's EP Group is asking Royal Mail staff, who own more than 5% of the shares in the company, to sell in a move that would help pave the way for the takeover.
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