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Union opposes Delta Two
- Qatar: Saturday, August 18 - 2007 at 08:36
The UK's largest trade union, Unite, a combination of the Transport and General Workers union and Amicus, has urged the board of J Sainsbury to resist the $21.6bn bid from Qatar's Delta Two investment fund, reported Reuters. The union said it feared Delta Two would act 'just like private equity' in a reference to possible asset sell-offs. If the board agrees the deal, the union will approach the Competition Commission.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, August 18 - 2007 at 08:36 UAE local time (GMT+4)
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