UK Postmasters now in limbo as part of Royal mail sold ?

Sneaking under the news radar late last night, the news from the UK government that the postal delivery aspect of Royal Mail has apparently been sold.

Daniel Kretinsky a Czech billionaire has apparently bought that side of the business via a conglomerate holding company who put up the money (£3.57 billion)

The deal still needs to be confirmed by the acquisitions and mergers commission....a UK government quango.