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The Independent UK
The Independent UK
Business
Holly Williams

Ingredion buys Tate & Lyle in £2.7 billion takeover deal

Tate Ingredion Tate Lyle United States Ingredion Incorporated Illinois London
Bags of sugar on a production line at a Tate & Lyle refinery in east London - (Reuters)

Sweetener and ingredients giant Tate & Lyle is to be acquired by its US rival, Ingredion Incorporated, in a deal worth approximately £2.7 billion.

The deal, announced on Monday, marks the latest takeover of a UK company.

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