CCA sale in Korea faces strikes - Australian Financial Review
"Coca-Cola Amatil faces the threat of industrial action against the planned sale of its A$700 million South Korean bottling subsidiary unless unions are consulted and employment conditions protected.
Unions representing about 2000 workers at Coca-Cola Amatil's three South Korean bottling operations say they have been kept in the dark about the sale and are pushing for their collective agreement to be renewed.
Three unions with members employed at Coca-Cola Korea Bottling Company plants have opposed the sale of the business to private equity fund CVC Capital Partners, which has submitted an expression of interest and is believed to be on CCA's shortlist."
Continue reading: Mark Skulley and Sue Mitchell, 'CCA sale in Korea faces strikes', Australian Financial Review 2 May 2007.