Business | General
Cadbury union seeks job, pension assurances
Buyout bid poses questions of staff welfare
- Reuters
- Published: 00:00 November 26, 2009
- Image Credit: Bloomberg
London: British union officials were set to meet American giant Kraft Foods on Wednesday to seek assurances over jobs, pensions and working conditions should its plans to take over Cadbury succeed.
The Unite trade union, Britain's biggest, with two million members, will meet executives from Kraft's European management team, after the union had written to Kraft CEO Irene Rosenfeld requesting talks.
"This will be the first time we have had a proper dialogue with Kraft," Unite spokeswoman Pauline Doyle said.
Kraft hopes to invest in Cadbury's main British plant and launched its official bid earlier this month.
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