Royal Mail investor speaks out to oppose 'Czech sphinx' Daniel Kretinsky's £3.6billion takeover and says the current management can add more value to the struggling firm dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
Businessman Mr Kretinsky already owned more than a quarter of International Distribution Services, which controls Royal Mail, Parcelforce and international mailing service GLS.
Daniel Kretinsky s EP Group vehicle, which already owns 27.6% of the business, made a formal offer for the business after initial proposals earlier this month.
Royal Mail sold in £3.6bn takeover deal manchestereveningnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manchestereveningnews.co.uk Daily Mail and Mail on Sunday newspapers.