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Unilever sells Lipton, other teas to private-equity firm for $5B | Food Dive
https://www.fooddive.com/news/unilever-to-divest-most-of-its-tea-business-but-keep-parts-of-lipton-brand/582366/
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The sale to CVC Capital Partners includes 34 brands that generated more than $2 billion in sales in 2020. It will allow the CPG giant to focus on higher-growth businesses.
