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29 May 2024 19:51
Royal Mail, GLS need big investments soon, billionaire suitor Kretinsky says
PRAGUE, May 29 (Reuters) - Royal Mail and its sister business 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 group's owner agreed to a 3.57 billion pound ($4.55 billion) takeover.
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