Czech billionaire weighs up new takeover offer for Royal Mail owner after secret bid is rejected...

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Royal Mail could deliver post just THREE days a week in major shake-up, Ofcom says despite fury over suggested cuts

BILLIONAIRE Daniel Kretinsky is weighing up making a new takeover offer for Royal Mail’s owner after his secret bid was rejected., who already owns a 27.5 per cent stake in the postal firm’s listed parent International Distribution Services, today said he made a cash offer on April 9.

Dan Coatsworth, investment analyst at AJ Bell, said: “In true fashion, it has taken eight days to deliver the messageRoyal Mail to make MAJOR change to services - it's good news for online shoppers Analysts do not believe this is the end of Kretinsky’s interest. He now has a deadline of May 15 to come back with a new bid.Here's a list of what tycoon Kretinsky already owns in the UKIts order volumes in the UK also rose, with 60.3million orders in the first three months of the year, compared with 59.9million last year.

But Just Eat’s overall sales fell by 2 per cent to £5.5billion as it was hit by sales slumps in Southern Europe and

 

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