By Albin Sybera Czech energy and media tycoon Daniel Kretinsky has had his £4.5bn takeover bid for Royal Mail rejected by the owner of the British postal service, International Distributions Services (IDS). IDS shares jumped by 29% on April 17 after it announced it had turned down an indicative offer at 320p per share from Kretinsky’s EP Group, the Financial Times reported. IDS stated that “the timing of the proposal is opportunistic” and that it “significantly undervalues IDS and its future prospects”. Through his investment company VESA Equity Investment, Kretinsky already controls 27.5% of …