By owning shares in West Ham United Football Club and Sainsbury’s, Mr. Kretinsky is already a significant investor in the UK.
With a significant stake in a vital pipeline that transports Russian gas to Europe, the millionaire built his money in the energy sector.
The businessman, who also owns a sizable portion of the Dutch postal company PostNL, has promised many things.
To save Royal Mail from dissolving or having its assets taken away. Additionally, Royal Mail’s £600 million debt to its parent business will be written off by EP Group.
His acquisition comes at a difficult moment for Royal Mail, which is struggling to recover from a steep decline in mail delivery.
