Usdaw seeks talks over Boots’ £7bn merger

Retail union Usdaw is seeking urgent talks with management at pharmacy giants Boots and Unichem after its £7bn merger announcement.

The union has strong representation and agreements in both companies particularly in the distribution and logistical parts of the companies.

The merger will create one of Europe’s largest drugs, beauty and healthcare groups with sales of more than £13bn. But 1,000 jobs will go at the combined company – to be called Alliance Boots.

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Usdaw general secretary, John Hannett, said: “We have long standing agreements with both companies which is good news for our members as we will be able to use those positive relationships to protect the interests of our members.

“We are seeking meetings with both companies this week to find out exactly what the long term implications are for our members as company briefings to staff have made it clear that any significant changes will not happen overnight.”