Cadbury union seeks job, pension assurances

Buyout bid poses questions of staff welfare

Last updated:
1 MIN READ

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.

Bloomberg

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox