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Sale of Lipton and PG Tips to private equity faces backlash

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Sale of Lipton and PG Tips to private equity faces backlash

The sale of two British tea brands to a Luxembourg private equity outfit faced a backlash as fears were raised over jobs. 
Unilever this week agreed to sell its tea division, which makes Lipton and PG Tips, for £3.8billion to CVC Capital Partners.
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