Czech billionaire Kretinsky to become chairman of Royal Mail

Reuters

Jun 27, 2025

June 27 (Reuters) - Czech billionaire Daniel Kretinsky will become the chairman of British parcel and postal firm Royal Mail, his investment firm EP Corporate Group said on Friday.

Kretinsky's EP Corporate Group closed its 3.57 billion pound ($4.90 billion) acquisition of Royal Mail's parent company International Distribution Services $(IDS.UK)$ earlier this month.

($1 = 0.7288 pounds)

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Rashmi Aich)

((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))

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