Treatt soars on bid from rival Döhler

Shares in ingredients group Treatt (TET) soared 45% after the board recommended a takeover offer from German rival Döhler. The offer, at 305p per share, values Treatt at £183 million and represents a 48% premium to yesterday’s closing price. Stronger together Treatt specialises in producing high-quality flavours and fragrances for the beverage industry using natural … Continue reading Treatt soars on bid from rival Döhler