Unilever agrees to sell PG Tips tea business - NewsBreak

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By Hernandez in Business
Updated 2 years ago

Unilever has agreed to sell its tea business – including iconic household name PG Tips – to CVC Capital Partners Fund VIII for €4.5bn (£3.79bn). CVC's purchase of ekaterra – which reported sale of around €2bn (£1.68bn) in 2020 – will include iconic brands such as Lipton, Pukka, T2 and...

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