Tate & Lyle shares soar on Advent private equity takeover rumours Business Shares in ingredients group Tate & Lyle have soared more than 12 per cent today after rumours emerged of a bid for the company from an American private equity group. The FTSE 250 food and beverage company is being targeted by US-based Advent International, according to the Financial Times. While Advent, which is the eighth [...]
Tate & Lyle uses new listing rules to bypass vote on Kelco deal Retail Tate & Lyle has taken advantage of the City regulator's new listing rules to forgo a shareholder vote to approve its agreed acquisition of CP Kelco, a US speciality ingredients maker.
Tate and Lyle inks sweet $2bn deal to purchase global ‘mouthfeel’ specialist BUSINESS Sweetener company Tate and Lyle has acquired the global pectin and gums business CP Kelco for almost $2bn as it continues its quest to become a world leader in "mouthfeel" solutions.
Tate and Lyle reaches sale agreement of American subsidiary May 23, 2024 Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle. The firm said after the sale of its near 50 per cent stake, net cash proceeds, after tax and transactions costs, are expected to be around $270m (£215m). The [...]