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Sainsbury’s bid
Unite has appealed to the Sainsbury’s board to block a possible takeover by Delta Two, a Qatari government-backed fund. Brian Revell, national organiser for food and agriculture, said there was every fear that Delta Two would act like private equity, and warned that the union would pursue the takeover with the Competition Commission if the board capitulated.
Unite fears that a takeover could lead to a split between the company’s property and retail businesses.