Tate & Lyle Backs £3.8bn Ingredion Takeover
Ingredion’s improved bid wins board backing, offering Tate & Lyle shareholders a substantial cash premium.
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Ingredion’s improved bid wins board backing, offering Tate & Lyle shareholders a substantial cash premium.
British ingredients maker Tate and Lyle receives conditional 615p per share offer from US group Ingredion, a 64 per cent premium valuing the company at £2.7 billion.