UK sugar and sweetener firm Tate & Lyle has announced that it has completed the sale of its French monosodium glutamate production unit to Japanese seasoning company Ajinomoto.

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On announcing the sale in November 2002, Tate & Lyle said it would use the proceeds from the sale to reduce group debt.

Separately, Tate & Lyle chairman Sir David Lees said at the company’s AGM that there had been little overall change in trading conditions or in the outlook since the start of June, and added that first-quarter results were in line with the company’s expectations, reported AFX News.

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