June 27 (Reuters) - Czech billionaire Daniel Kretinsky
will become the chairman of British parcel and postal firm Royal
Mail, his investment firm EP Group said on Friday.
Kretinsky's EP Group closed its 3.57 billion pounds ($4.90
billion) acquisition of Royal Mail's parent company
International Distribution Services ( ROYMF ) earlier this month.
The new owner of one of the world's oldest postal companies
also said on Friday that it had allotted and issued a "golden
share" of 1 pound to the British government, which was part of
the deal.
The "golden share" ensures Royal Mail retains its
headquarters in Britain and would continue to pay UK taxes.
Royal Mail was privatised in 2013 in a massive state selloff
at an initial public offering price of 330 pence a share.
Kretinsky was already the biggest shareholder in IDS, the
owner of both Royal Mail and international parcels network GLS.
The deal was cleared in December after Britain secured
commitments from Kretinsky to protect the more than 500-year-old
company and the future of thousands of workers and customers.
($1 = 0.7288 pounds)