Czech Billionaire Acquires UK's 500-Year-Old Royal Mail

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Source: CNN
Czech Billionaire Acquires UK's 500-Year-Old Royal Mail
Photo: CNN
TL;DR Summary

Czech billionaire Daniel Křetínský's EP Group has acquired Britain's Royal Mail for £3.57 billion, raising concerns about the future of the historic postal service and its employees. The deal, which includes commitments to maintain services and employee benefits, comes amid political sensitivity and a potential Labour Party government.

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