Tate & Lyle, a world leader in sugar, cereal sweeteners and starches, yesterday announced that it has signed a conditional agreement to sell Tate & Lyle North American Sugars Inc., trading as Domino Sugar ("Domino"), to an investment group led by Alfonso and J. Pepe Fanjul. The sale agreement was signed on July 26, 2001 and is subject to, inter alia, the purchaser completing the necessary financing arrangements and approval by US competition authorities.