A spokesman for Prime Minister Rishi Sunak said
Britain’s business minister Kemi Badenoch will meet the chief executive of Royal Mail’s parent company International Distributions Services on Thursday to discuss a takeover offer, a spokesman for Prime Minister Rishi Sunak said.
International Distributions Services said on Wednesday it would recommend a 3.5 billion pound offer proposed by Daniel Kretinsky if the Czech billionaire tables a formal offer.
Badenoch “is meeting the chief executive officer of Royal Mail’s parent company to discuss this and other matters”, Sunak’s spokesman told reporters
Source: Zawya