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Ingredion Inc.

Ingredion Inc.

Public company (NYSE: INGR)

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Ingredion's takeover bid for Tate & Lyle

Money Moves

Agreed all-cash acquisition of Tate & Lyle at 595p per share; deal expected to close H2 2027 subject to regulatory and shareholder approvals; combined group to generate roughly $9.9B in revenue

Ingredion and Tate & Lyle agreed the terms of a recommended all-cash deal on June 8, three days before the UK Takeover Code's June 11 deadline. Tate & Lyle's board unanimously backed the 595p-per-share offer.

Updated Jun 8