Cadbury's workers join takeover battle

Dozens of Cadbury's workers will protest outside the company's headquarters in Birmingham in the hope they can save it from a hostile takeover.

The confectioner is facing a hostile bid from US-based food company Kraft.

However, the union Unite, which represents many of the firm's 6,000 workers in the UK and Ireland, believes its shareholders should resist selling up.

About 100 workers will hold a demonstration from 10am on Tuesday.

Len McCluskey, Unite assistant general secretary, said: "There is serious and growing worry, stretching from the shop floor to the wiser heads on the City trading floor, about what the Kraft offer and any ensuing bidding war could mean for Cadbury.

"Cadbury is a great UK success story and it was and is not for sale. But suddenly, a hostile bid and swarming speculators has thrown its future, its investment plans and the jobs of thousands of workers here and in Ireland up in the air."

Unite has also launched an online petition at www.welovecadbury.com.

More in this Section

March busiest month on record for supermarkets in UK as worried shoppers stock upMarch busiest month on record for supermarkets in UK as worried shoppers stock up

Revenue appeals for Covid-19 wage subsidy scheme applicants to give correct bank detailsRevenue appeals for Covid-19 wage subsidy scheme applicants to give correct bank details

Economy could shrink by up to 13% due to virus emergency Economy could shrink by up to 13% due to virus emergency

600 staff temporarily laid off at Quinn Industrial Holdings due to Covid-19600 staff temporarily laid off at Quinn Industrial Holdings due to Covid-19


Lifestyle

Interiors voyeurism will never go out of style – not least when we’re all confined to barracks and eyeing up neglected corners of our own residences that could do with TLC.Home of the Year: Three doors swing open tonight to offer us a welcome distraction

With (hopefully) better weather on the way along with the longer evenings, gardening and nature offer a nice distraction to the news cycle.Podcast Corner: Green fingers and creature comforts

From Kaia Gerber to Oprah Winfrey, why not let a famous face choose your next read?The 4 best celebrity book clubs to virtually join

The tips and home treatments to stop your skin from backsliding.The Skin Nerd: How can I maintain my skin results at home?

More From The Irish Examiner