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10 June, 2007IUF publishes trade union guide on private equity buyouts -- what it is, the dangers it represents to workers and possible strategies to tackle the issue.
GLOBAL: With private equity funds spending over US$725 billion on company buyouts in 2006, the International Union of Food and Agricultural Workers (IUF) has published a booklet entitled "Workers' Guide to Private Equity."
The 36 page A5 brochure is aimed at trade unions and their members around the world and sets out in accessible language what private equity is, how it operates and the dangers it represents to workers and unions.
The IUF points to possible strategies in bargaining with the private equity funds who are becoming increasingly significant players as owners and employers. It explains how a specific political environment of deregulation has made it possible for the funds to expand globally, and how political action can contain the funds.
Available in English, French, German, Spanish, Japanese and Swedish, a pdf of the booklet is available on the IUF website here.
Alternatively, single and bulk orders for copies of the booklet can be purchased from the IUF with details on prices available on the IUF website here.
Further information on private equity can be found at the IUF website at: www.iuf.org/buyoutwatch
The IMF works with the IUF and other global union federations on the issue of private equity, including organising a conference on the issue with IUF and Union Network International (UNI) on November 16, 2006.
The 36 page A5 brochure is aimed at trade unions and their members around the world and sets out in accessible language what private equity is, how it operates and the dangers it represents to workers and unions.
The IUF points to possible strategies in bargaining with the private equity funds who are becoming increasingly significant players as owners and employers. It explains how a specific political environment of deregulation has made it possible for the funds to expand globally, and how political action can contain the funds.
Available in English, French, German, Spanish, Japanese and Swedish, a pdf of the booklet is available on the IUF website here.
Alternatively, single and bulk orders for copies of the booklet can be purchased from the IUF with details on prices available on the IUF website here.
Further information on private equity can be found at the IUF website at: www.iuf.org/buyoutwatch
The IMF works with the IUF and other global union federations on the issue of private equity, including organising a conference on the issue with IUF and Union Network International (UNI) on November 16, 2006.