How tea plantations are testing private equity

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.

Episoder(319)

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 Okt 201822min

Tune in Wednesday

Tune in Wednesday

This week's episode of Behind The Money will be available on Wednesday morning, instead of our usual time on Tuesday. Be sure to check back Wednesday morning for a brand episode. Hosted on Acast. See ...

8 Okt 201831s

Private equity's debt mountain (encore episode)

Private equity's debt mountain (encore episode)

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...

2 Okt 201820min

Tilray and the cannabis trade

Tilray and the cannabis trade

The Canadian company was the first cannabis producer to make an initial public offering on a US stock exchange, and, after a week of volatile trading, some analysts are asking if investor excitement h...

25 Sep 201817min

On the front lines of the crisis

On the front lines of the crisis

Nick was a regulator at the London Stock Exchange. Julia was an entrepreneur whose home was foreclosed. Ten years on from the collapse of Lehman Brothers we talk to two people with different perspecti...

18 Sep 201823min

Purdue Pharma's 'one-two' punch

Purdue Pharma's 'one-two' punch

The name “Sackler” adorns museums and art galleries around the world. But the family name has also become tainted by its association with the US opioid crisis, amid accusations that OxyContin, more th...

11 Sep 201821min

Following the cannabis money trail (encore episode)

Following the cannabis money trail (encore episode)

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...

4 Sep 201819min

Khosrowshahi's year at the wheel

Khosrowshahi's year at the wheel

A little more than a year ago, Uber's board was in search of a new chief executive. Co-founder Travis Kalanick had resigned from the top job amid allegations of a toxic and sexist company culture, and...

28 Aug 201819min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
pengesnakk
finansredaksjonen
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
utbytte
morgenkaffen-med-finansavisen
liberal-halvtime
rss-sunn-okonomi
lederpodden
rss-markedspuls-2
rss-pa-konto
rss-investering-gjort-enkelt