Ingredion says Tate & Lyle shareholders accept its 595 pence cash offer - INGR News | RalliesIngredion says Tate & Lyle shareholders accept its 595 pence cash offer
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INGR• Tate & Lyle shareholders accept Ingredion cash bid
- Ingredion’s GBP 595-per-share cash bid for Tate & Lyle was accepted by Tate & Lyle shareholders.
- Closing targeted for H2 2027, pending remaining regulatory clearances; the companies will operate separately until completion.
- Deal targets about USD 130 million of run-rate net cost synergies, expected to be fully realized by end-2030.
- Ingredion expects adjusted EPS accretion in the first year following completion, supported by combined innovation and formulation capabilities.
