Regulators leave Royal Mail vulnerable to ‘corporate predators’, says investor

Shareholder calls for softening of postal service's obligations after failed takeover bid by Czech billionaire for owner IDS

One of the top investors in Royal Mail's owner has said it is vulnerable to corporate predators", arguing that a recent takeover bid by a Czech billionaire significantly undervalues the company.

Redwheel called for regulators to water down the UK postal service's legal obligations after Daniel Ketinsky's failed takeover attempt of its parent company International Distributions Services (IDS).