Kirkland, Paul Weiss Advising on Takeover Bid for Royal Mail (1)

Kirkland & Ellis and rival Paul Weiss are advising on the latest bid for Britain’s Royal Mail by Czech billionaire Daniel Kretinsky.

Kirkland & Ellis is acting for EP Corporate Group, which Wednesday made a fresh bid for Royal Mail parent company International Distributions Services Plc that values it at £3.5 billion ($4.4 billion). EP Group is owned by Kretinsky, known as the “Czech Sphinx” for his inscrutable approach to investing.

Kirkland London partners David Higgins, Dipak Bhundia, Jiri Peterka and Matthew Sinclair-Thomson are advising, according to the firm.

London co-head Neel Sachdev and partner Stefan Arnold-Soulby are advising EP ...