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Evening Standard

Henry Saker-Clark

Tate & Lyle: Why are so many UK firms being taken over?

Tate United Kingdom Tate Lyle United States Ingredion

Tate & Lyle has agreed a £2.7 billion takeover (Alamy/PA) -

Sweeteners and ingredients giant Tate & Lyle is set to become the latest major UK firm to be taken over by foreign owners.

US-based competitor Ingredion has agreed to pay £2.7 billion for the historic UK company.

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