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Tate & Lyle PLC

Tate & Lyle PLC

Public company (LSE: TATE)

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Ingredion's takeover bid for Tate & Lyle

Money Moves

Agreed acquisition target; board unanimously recommends Ingredion's 595p all-cash offer; deal expected to close H2 2027

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