Ingredion to Acquire Tate & Lyle in $3.6 Billion Strategic Consolidation
Consolidation in the Ingredients Sector Chicago-based food ingredient giant Ingredion announced a definitive agreement to acquire British food and beverage supplier Tate & Lyle in a transaction valued at approximately $3.6 billion. The acquisition, confirmed this week, represents a significant consolidation in the global food processing industry, with Ingredion offering $7.94 per share, a 59%…