Unite welcomes ‘Cadbury law’ in Labour manifesto

12th April 2010

Welcoming today’s announcement about a new law on company takeovers in the Labour party manifesto, Unite deputy general secretary, Jack Dromey, said: ”It was wrong that Kraft - a debt-laden American multinational - took over Cadbury, a successful British business.  Labour’s ‘Cadbury law’ will help protect successful British companies against predatory bids and plundering by hedge funds making a fast buck.”
 
ENDS


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