
Ingredion to Buy Tate & Lyle for £2.7B in All-Cash Deal at 59% Premium, Marking Another London Delisting
Ingredion announced on June 8 a recommended all-cash acquisition of Tate & Lyle at 595 pence per share, valuing the UK ingredients maker's equity at approximately £2.7 billion ($3.6 billion) and implying an enterprise value of roughly £3.7 billion ($5.0 billion) at the June 5 exchange rate. The price represents an approximately 59 percent premium to Tate & Lyle's closing share




