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)

Taking Tesla private

Taking Tesla private

What is behind Elon Musk's plan to take the electric carmaker private, and who will provide the funding? The FT's Arash Massoudi explains the story that has unfolded since the chief executive posted h...

14 Elo 201819min

Tesla’s rough ride

Tesla’s rough ride

Elon Musk's grand vision for the electric carmaker has drawn dedicated fans and followers. But Tesla has also tested the patience of customers and investors after a hit-and-miss on production targets ...

7 Elo 201818min

Private equity's debt mountain

Private equity's debt mountain

Private equity has flooded the deal market in recent years, in part due to an era of cheap debt and fund managers on the hunt for greater investment returns. Firms are scooping up stakes in oil pipeli...

31 Heinä 201820min

Taking a short break

Taking a short break

Behind The Money is going on a short hiatus for the next few weeks. We'll be back on Tuesday 31 July with brand new episodes. In the meantime, send us an email to behindthemoney@ft.com if you have any...

3 Heinä 20181min

The  $100bn SoftBank vision

The $100bn SoftBank vision

The man who built a $100bn fund has wooed investors with his vision for the future. But what is really behind the prowess of SoftBank's Masayoshi Son? With the FT's Arash Massoudi. Read Arash's story ...

26 Kesä 201820min

Trump, trade and the markets

Trump, trade and the markets

After a week that began with a tense G7 summit and ended with the US imposing more tariffs on Chinese goods, many expected to see a big slide in financial markets. But stocks remained flat last week. ...

19 Kesä 201819min

Following the cannabis money trail

Following the cannabis money trail

Medical marijuana is legal in 21 countries. In Canada, residents expect they will be able to buy cannabis from dispensaries and pharmacies across the country later this year. Some analysts have valued...

12 Kesä 201819min

The hunt for Fox

The hunt for Fox

Rupert Murdoch built a global media empire across newspaper, television and film companies. Why is now the time for him to sell many of the 21st Century Fox assets? And which media or telecoms giant w...

5 Kesä 201820min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
ostan-asuntoja-podcast
hyva-paha-johtaminen
rss-lahtijat
rss-sisalto-kuntoon
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rss-startup-ministerio
herrasmieshakkerit
rahapuhetta
lakicast
rss-porssipuhetta
asuntoasiaa-paivakirjat
rss-set-for-life-sijoita-ja-vaurastu
rss-viisas-raha-podi
rss-vaikuttavan-opettajan-vierella