Unilever denies reports that its tea business is up for sale
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(Reuters) - Unilever Plc on Monday denied that its tea business was up for sale, following reports over the weekend that the consumer goods giant was looking to unload the division that sells PG Tips and Lipton brands due to cooling demand for black tea. "Contrary to reports, we are not exploring a sale of our tea business," a Unilever spokeswoman told Reuters. "PG Tips and Lipton are very popular brands, and although growth of black tea in developed markets has slowed down,...we are focused on..