Kretinsky takeover bid called in: union response

COMMUNICATION WORKERS UNION

01/08/2024

FOR IMMEDIATE RELEASE

KRETINSKY TAKEOVER BID CALLED IN: UNION RESPONSE

Regarding the news of the government calling in Daniel Kretinsky’s attempted takeover bid of Royal Mail, CWU General Secretary Dave Ward said “The UK needs the Labour government to robustly scrutinise the detail of this takeover offer.

“The contractual obligations negotiated between the failed current Royal Mail Board and Mr Kretinsky are not strong enough to protect workers, customers and the crucial infrastructure that Royal Mail provides for our communities and the economy.

“It’s time for a new business and ownership model which gives workers a greater say over the future direction of the company.”

ENDS 

For further enquiries, please contact CWU Press Officer Marcus Barnett at mbarnett@cwu.org.