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PRAGUE, May 29 (Reuters) - Royal Mail and GLS need sizable, almost immediate investments to defend market share and face shifting market trends, Czech billionaire Daniel Kretinsky told Reuters on Wednesday after the groups' owner agreed to a 3.57 billion pound ($4.55 billion) takeover.
"It is important for logistics companies not to miss this out-of-home delivery wave, which means they need to be ready to invest now," Kretinsky said.
"We believe that if the group doesn't respond properly on the out of the home solutions it may have a detrimental impact on its market share. And specifically in the UK, any shrinkage of the market share would be fatal."
