LONDON—Unilever PLCUL-0.03%decrease; red down pointing triangle has agreed to sell the bulk of its tea business to CVC Capital Partners for €4.5 billion, equivalent to more than $5 billion ...

Unilever has kicked off a “strategic review” of its global tea business that could lead to the sale of famous brands such as Lipton and PG Tips.

Lipton is no longer the life of the tea party. Unilever is considering the sale of its tea operations after years of lukewarm growth as consumers brew less black tea in favor of varieties like ...

A string of social media posts from Lipton Ice Tea joking that the brand’s signature drink had been discontinued have been ruled misleading by the Advertising Standards Authority (ASA). In March, the ...

Unilever sold its global tea business Ekaterra, including its popular Lipton tea brand, to CVC Capital Partners Fund VIII for $5.07 billion.

Lipton Ice Tea posted a series of social media posts in March claiming that their peach flavour had been discontinued, with ...

Unilever's plan to split its tea operations has raised questions among analysts about how it will handle Lipton tea, a major brand that straddles both parts of the business. The consumer goods ...

The world’s largest maker of tea is exploring the sale of its tea business. Unilever, which owns Lipton and several smaller brands like PG Tips, has struggled for years to revive sales of black ...

Unilever’s $384 million deal to buy Tazo tea from Starbucks is its biggest move yet in a pivot from slower growing black tea toward higher-growth brands it hopes will help it foster more ...

Retail giant Unilever says it may sell tea brands PG Tips, Lipton and Lyon because sales of black tea are falling in developed countries, including Britain, as people turn to herbal teas.