Royal Mail faces assault from US fund with £2.7bn takeover of rival Evri

By Yahoo! Finance | Jul 25, 2024 at 11:28 AM EST

Apollo has acquired Evri for £2.7bn, aiming to boost its parcel business and compete with Royal Mail. The deal will bring fresh investment and expertise to support Evri's growth. Czech tycoon Daniel Kretinsky is also set to invest in Royal Mail to enhance its parcel services.

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