Editorial: Challenging Impunity in Colombia
Editorial: Swedish Dispute Highlights Need to Legalize Solidarity Action
A Goldman Sachs buyout of Unilever?
In March 2006, financial market analysts speculated that Goldman Sachs is putting together a group of private-equity funds to make a £30 billion bid for Unilever in its entirety and...
Burger King pays out whopper US$400 million dividend for Texas Pacific Group, Bain Capital & Goldman Sachs Capital Partners
...equity backers will collect $400 million before taking fast-food chain public”, CNNMoney.com (2 Feb 2006) “In the US a group of three private equity investors consisting of Bain Capital, Texas...
Lion Capital and Blackstone buyout of the European Beverages Division of Cadbury Schweppes
In February 2006 Lion Capital and Blackstone Group acquired the European Beverages Division of Cadbury Schweppes plc. The beverages division, formally known as “CSEB” and now “Orangina SAS”, was acquired...
Private-equity fund, Blackstone Group, the top hotel owner in the Americas
...Wyndham International hotel group for US$1.44 billion and subsequently sold the brand and franchise system to Cendant. In Europe, Blackstone recently bought the Hospitality Europe hotel group for US$790 million....
The buyout of Tokyu Tourist Corporation & its impact on unions
...Investment Partners” became its major shareholder. Before the acquisition, Tokyu Tourist, under the umbrella of Tokyu Group, had gone through every possible degradation of the working conditions. So in a...
Editorial: New Deaths, UK Outbreak Highlight Global Avian Flu Threat
In the UK, an outbreak of H5N1 bird flu on a turkey farm belonging to the transnational producer Bernard Matthews has now been linked to recent imports of semi-processed meat...
Editorial: China and the Global Sweatshop Lobby
...the practices which have served as a magnet for unprecedented levels of foreign direct investment. With the new law, the millions of Chinese workers currently without any kind of employment...
Editorial: The Commissioner at the Banquet
Editorial: May Day 2006 – No More Casualization, Decent Work for All
...hedge funds. Job creation remains elusive, but there is no lack of new schemes for outsourcing, casualizing, co-packing and otherwise destroying permanent work. TNCs have taken the lead in shifting...