Tate & Lyle shares surge as Ingredion makes offer

Shares in Tate & Lyle (TATE) surged after the food producer confirmed that Ingredion (INGR) has proposed a cash offer for the company. Led by CEO Nick Hampton, Tate & Lyle also revealed its US ingredients peer had made a number of earlier approaches for the business. Tate & Lyle has struggled to serve up … Continue reading Tate & Lyle shares surge as Ingredion makes offer