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.

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ArtieKat · M

As @OldBrit said Post Office Ltd/Post Office Counters Ltd and Royal Mail have been completely separate legal entities since 2012. The deal has not yet been approved so I think you are being a bit premature. There is a huge amount of concern now globally about outside ownership of strategic assets - while I agree it is quite likely, on balance, to be approved, it's not yet a done deal.

@Picklebobble2