Ingredion to acquire Tate & Lyle for £3.7B
In Illinois, specialty ingredients maker Ingredion has announced a recommended all-cash offer to acquire Tate & Lyle PLC for £3.7 billion (US$5.0 billion). The deal would create an ingredients giant across food, beverage and industrial applications with approximately $10 billion in annual sales. “Combining Ingredion and Tate & Lyle’s complementary portfolios establishes a global leader […]
