Banks and law firms in line for bumper payouts after working on Daniel Křetínský’s bid
New owner must modernise group and repair fractured relations with workers
International Distribution Services board recommends bid from its largest shareholder
IDS reiterates it is ‘minded to recommend’ £5bn offer from Czech billionaire’s EP Group
Improved proposal from Czech tycoon values the former UK postal monopoly at £5bn
Discussions between the Czech billionaire’s EP Group and IDS have deepened after rejection of his initial £4.5bn offer
Shares in International Distributions Services jump 29% on energy tycoon’s interest
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