A UNION boss slammed Royal Mail for a £3.5billion sell-off to a controversial billionaire, dubbed the Czech Sphinx.
Royal Mail's parent firm International Distribution Services said it agreed to the takeover offer by Daniel Kretinsky, 48.
Communication Workers Union chief Dave Ward demanded 150,000 jobs be secured.
Last night he told the Mirror: "This is a disgusting deal which will reward the failures of the Royal Mail board - their executives will make hundreds of thousands of pounds from this deal.
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