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Czech Billionaire Acquires Historic Royal Mail in $4 55 Billion Deal

International Distributions Services, parent company of Royal Mail, has been acquired by Czech billionaire Daniel Kretinsky for $4.55 billion. The 500-year-old company has faced recent struggles, including worker strikes and regulatory scrutiny. The deal marks a significant change for the historic postal service, now facing new leadership and challenges.

Royal Mail s 500-years: From Henry VIII to private ownership

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