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Browns becomes world’s biggest tea exporter in deal with LIPTON

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samaritan


Moderator
Moderator

Browns becomes world’s biggest tea exporter in deal with LIPTON Browns-Lipton
  • LIPTON Teas and Infusions and Browns Investments agree long-term partnership to accelerate tea industry transformation

  • Lankan firm to get control of Lipton tea estates in Kenya, Rwanda, and Tanzania; deal second overseas acquisition after purchase of James Finlay Kenya last year

  • Strategic relationship with Lipton to champion global adoption of new quality, social and environmental standards

  • LIPTON Teas and Infusions CEO Nathalie Roos says Browns the preferred partner with credibility, capabilities and scale, to work with to raise standards in the whole tea industry

  • Communities to be offered 15% stake at discounted price with annual dividend

  • Endowment of 1 b Kenyan shillings into new Community Welfare Trust


https://www.ft.lk/front-page/Browns-becomes-world-s-biggest-tea-exporter-in-deal-with-LIPTON/44-761546

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

samaritan wrote:
Browns becomes world’s biggest tea exporter in deal with LIPTON Browns-Lipton



  • WONDERING HOW MANY "LOFC" SHARES WILL BE ISSUED  TO "LIPTON" SHARE HOLDERS  Very Happy  

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