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UK tea giant Lipton to sell 15pc stake to local farmers in deal

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President William Ruto and Lipton Teas and Infusions Chief Executive Officer Nathalie Roos, during the launch of the Lipton Tea Innovation and Technology Academy at State House, Nairobi. [PCS]

Lipton Teas and Infusions has agreed to sell its operations in Kenya to Sri Lanka's Browns Investments for an undisclosed amount.

The deal also includes Lipton's tea estates in Rwanda and Tanzania.

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