business
Tate & Lyle in £2.7bn takeover talks with US suitor
Key takeaways
- The London-listed sweetener and ingredients maker said on Thursday that it had received an all-cash approach from Illinois-based Ingredion.
- The companies are now in active discussions about a possible offer worth 615p per share.
- Shares in Tate & Lyle soared by over 47pc in afternoon trading on Thursday to 550p.
Tate & Lyle in £2.7bn takeover talks with US suitor Tom Haynes Thu, May 14, 2026 at 11:06 PM GMT+7 2 min read TATE.L SDR.L UL INGR Tate & Lyle has received an offer worth 615p per share - jetcityimage/i Stock Editorial Tate & Lyle has revealed takeover talks with a US rival over a potential £2.7bn combination.
The London-listed sweetener and ingredients maker said on Thursday that it had received an all-cash approach from Illinois-based Ingredion.
The companies are now in active discussions about a possible offer worth 615p per share.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop