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)

Coming soon from Tech Tonic: Will AI ruin music?

Coming soon from Tech Tonic: Will AI ruin music?

AI music generators - platforms that use artificial intelligence to create new, original music from scratch - can make songs that are almost indistinguishable from human creations. For some musicians,...

29 Elo 20251min

Unhedged: The Fed under attack

Unhedged: The Fed under attack

This week we're sharing an episode from, Unhedged, another podcast from the FT network.The annual meeting of central bankers in Jackson Hole, Wyoming, is supposed to be an intellectual retreat. Instea...

27 Elo 202520min

Palantir’s relentless rise

Palantir’s relentless rise

Palantir shares have soared this year, making the data analytics company one of the most valuable listed US tech groups. The FT’s Tabby Kinder explains how a paradigm shift in Silicon Valley helped pr...

20 Elo 202523min

Why Big Tobacco is buzzing over nicotine pouches

Why Big Tobacco is buzzing over nicotine pouches

This is a revised version of an earlier episode and clarifies the position of Zyn in the US market.As the popularity of cigarettes has slid in the past couple decades, Big Tobacco has been searching f...

19 Elo 202520min

Can Bobby Jain build the next hedge fund giant?

Can Bobby Jain build the next hedge fund giant?

Two summers ago, hedge fund manager Bobby Jain set out with a huge goal: build a hedge fund that can rival the likes of industry giants Citadel and Millennium. But in the year since his firm started t...

6 Elo 202522min

Fixable: How to bring a business back to life

Fixable: How to bring a business back to life

This week we’re sharing an episode from Fixable, a podcast from TED. In it, hear about the resurrection of Barnes & Noble. Chief revival architect and CEO James Daunt joins hosts Anne Morriss and Fran...

30 Heinä 202539min

Wall Street banks and private equity’s tussle over junior talent

Wall Street banks and private equity’s tussle over junior talent

The competition for junior talent between private equity and Wall Street banks reached a new peak this summer. That’s thanks to a controversial recruiting practice that is causing both industries to f...

23 Heinä 202523min

Introducing Tech Tonic: The rise and fall of Trump’s tech bros

Introducing Tech Tonic: The rise and fall of Trump’s tech bros

Can Tim Cook save Apple from the trade war? Has Mark Zuckerberg really been a fan of Donald Trump all along? And is the bromance between Elon Musk and the president really over? In a new season of Tec...

22 Heinä 20251min

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