How tea plantations are testing private equity
Behind the Money29 Kesä 2022

How tea plantations are testing private equity

Late last year Unilever reached a $5 billion deal to sell part of its tea business, including brands like Lipton and PG Tips, to private equity giant CVC Capital. But the tea sector is a complicated one. With roots in colonialism, tea plantations around the world have faced many issues, including accusations of human rights abuses.


In this week’s episode, we’re hearing from one worker whose life was forever changed by violence on her plantation, and exploring how this deal represents a new challenge for PE as investors are increasing their scrutiny into the private equity industry’s ethics.


Clips courtesy of Unilever, Al Jazeera, AP


- - - - - - - - - - - - - - - - - - - - - - - - - -

For further reading:

How Unilever’s tea business became a test of private equity’s conscience

Bidders for Unilever’s tea business pulled out on plantation concerns

CVC pushes back IPO plans amid market turmoil


- - - - - - - - - - - - - - - - - - - - - - - - - -


Sign up here to get the Moral Money premium newsletter sent straight to your inbox every Monday, Wednesday and Friday.


On Twitter, follow Judith Evans (@JudithREvans), Kaye Wiggins (@kayewiggins) and Michela Tindera (@mtindera07)


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(318)

China's Didi adds finance to the mix

China's Didi adds finance to the mix

In 2017, the Chinese ride-hailing app was the highest valued start-up in the world at $56bn. But after a difficult period in 2018 following the murder of two passengers on its platform and a governmen...

8 Tammi 201920min

Huawei and the fight for 5G

Huawei and the fight for 5G

The arrest of Meng Wanzhou, Huawei's chief financial officer, followed months of mounting scrutiny of the world's biggest telecoms equipment maker. The FT's Nic Fildes explains how Huawei grew to be s...

18 Joulu 201820min

IBM's next move

IBM's next move

In October, IBM announced it would acquire open source software pioneer Red Hat for $34bn. The deal resonated with Wall Street, but making the two companies work together will be another challenge. Th...

4 Joulu 201820min

The oil sell-off explained

The oil sell-off explained

Oil prices plunged below $63 a barrel on Tuesday after weeks of steady declines. The FT's Anjli Raval explains what is behind the souring mood among investors. Hosted on Acast. See acast.com/privacy f...

21 Marras 201816min

Investors fear 'peak iPhone'

Investors fear 'peak iPhone'

Apple shares have taken a hit this month amid fears that demand for the iPhone has peaked. Tim Bradshaw explains what is worrying investors. Hosted on Acast. See acast.com/privacy for more informati...

13 Marras 201821min

How €200bn of ‘dirty money’ flowed through a Danish bank

How €200bn of ‘dirty money’ flowed through a Danish bank

How did Denmark’s Danske Bank find itself at the centre of one of the largest money laundering scandals the world has ever seen? The FT’s Richard Milne explains. Hosted on Acast. See acast.com/privacy...

30 Loka 201817min

The future of dealmaking with Saudi Arabia

The future of dealmaking with Saudi Arabia

Some of the world’s most influential financiers and executives have spent the past three years courting Saudi Arabia’s dealmaker-in-chief Mohammed bin Salman and his $300bn state investment fund. But ...

16 Loka 201818min

The rise and fall of General Electric

The rise and fall of General Electric

GE is one of the greatest names in American business. It was an original member of the Dow Jones Industrial Average, and at its peak the industrial conglomerate had a market capitalisation of nearly $...

10 Loka 201822min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
rss-sisalto-kuntoon
ostan-asuntoja-podcast
rss-lahtijat
hyva-paha-johtaminen
rss-startup-ministerio
rss-sami-miettinen-neuvottelija
rss-seuraava-potilas
lakicast
herrasmieshakkerit
leadcast
rahapuhetta
rss-porssipuhetta
rss-rentotapaus
rss-tyoelamasta-podcast
rss-viisas-raha-podi