Perrier union accepts Nestle's early retirement plan
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The majority CGT labour union at Perrier said it has agreed to accept an early retirement programme proposed by Nestle Waters management, which had threatened to dispose of the famed water brand in a high-profile clash.
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Electronic Data Systems on Tuesday  made a voluntary early retirement offer to about 9,200 U.S.  employees as part of its plan to reduce 20,000 jobs over the  next two years and will take a fourth-quarter charge.
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Nestle SA, the world's largest food maker, may buy baby-food company Gerber Products along with a medical nutrition business from Swiss drugmaker Novartis AG for as much as $5 billion, according to a published report.
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BCE, the parent of Canadaâs largest telecom company, confirmed its suitors in takeover talks include the Ontario Teachersâ Pension Plan.
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Kelda Group, owner of Yorkshire Water, yesterday became the first big company formally to accept industry price controls announced last week by Ofwat, the sector regulator.
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Ford Motor Co. F.N will offer buyout   packages of up to $140,000 to all of the more than 75,000   workers at its U.S. plants, the United Auto Workers union said   on Thursday, a day before the automaker details a revised   turnaround plan in response to slumping sales.
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The leaders of United Airlines pilots union have agreed to accept a 15 percent pay cut and not oppose the elimination of their pension plan, setting a precedent
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DETROIT -- Ford Motor Co. plans to offer buyout and early retirement packages to more than 75,000 of its employees, a United Auto Workers union official said Thursday.
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Electronic Data Systems  on Tuesday  made a voluntary early retirement offer to about 9,200 U.S.  employees as part of its plan to reduce up to 20,000 jobs over  the next two years to cut its costs.
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Spanish government industrial holding company SEPI and shipyard unions said they had reached an agreement to save the industry based on early retirement for 4,050 of the 10,700 workforce.
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Global food giant Nestle announced a 14.0-percent rise in 2006 net profit to 5.7 billion euros on Thursday and said prospects for 2007 looked good as it moved further into the health and well-being markets.
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LAUSANNE, Switzerland  - Nestle accelerated its expansion in the bottled water business on Tuesday by agreeing to buy Swiss bottler Henniez in a deal valued at 155 million Swiss francs ($128.3 million).
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Yorkshire Water, part of the Kelda group, yesterday became the first company publicly to accept industry regulator Ofwat&#39;s price determination published last week.
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Electronic Data Systems on Tuesday  made a voluntary early retirement offer to about 9,200 U.S.  employees, or up to 8 percent of its total workforce, as part  of its plan to reduce up to 20,000 jobs over the next two years  to cut its costs.
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The future of Perrier in France was in doubt again Tuesday after its parent company Nestle SA rejected an earlier compromise with union leaders, saying it did not go far enough.
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Workers at the Tyson Foods Inc. retail  deli plant in Cherokee, Iowa, ratified a five-year labor  agreement, which includes bonus pay, a competitive health-care  plan, and a flexible retirement savings program, Tyson said on  Thursday.
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BCE Inc , Canada's largest telecommunications group, on Saturday accepted a C$51.7 billion ($48.5 billion) offer from a group including the Ontario Teachers Pension Plan, and said it would be the largest buyout in Canadian corporate history.