Bankers and advisers are set to earn up to £146 million in fees from Czech billionaire Daniel Křetínský’s takeover bid for Royal Mail's owner, International Distribution Services (IDS). The fees, covering financing, legal, and public relations advice, include £89.1 million from Křetínský’s EP Group and £56.9 million from IDS. The high fees, about 1% of the £5.3 billion deal value, could anger the postal workers’ union, which opposes the privatisation and demands stronger labor rights and service levels. To address these concerns, EP Group is considering employee profit-sharing. IDS shareholders are encouraged to accept the offer of 370p per share by August 25.