Bid Approach by EP for Royal Mail Owner IDS Rejected
Wednesday, 17 April 2024, 11:17
Bid Approach Rejected
The industrial group EP, owned by Czech billionaire Daniel Kretinsky, faced rejection for its undisclosed bid towards the Royal Mail owner IDS. While EP did not disclose the offered price or terms, it expressed interest in further discussions with the IDS board. This development could impact IDS's future strategic direction and market positioning.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.