UK Government Investigates Royal Mail Takeover by Czech Billionaire

National security concerns prompt review of Daniel Kretinsky's £3.57bn bid, focusing on potential Russian links and economic impact.

The Cabinet Office initiated the probe under the National Security and Investment Act.
Daniel Kretinsky's EP Group aims to acquire the remaining 73% of Royal Mail's parent company.
Officials will scrutinize Kretinsky's connections to Russian gas transmission.
The investigation may take up to two months, with a possible earlier decision.
Kretinsky has pledged to maintain Royal Mail's Universal Service Obligation for five years.