Shares in Tate & Lyle traded were up today (19 January), as the UK media linked the sugar and sweetener company as a target for acquisition.

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A private equity firm is rumoured to be interested in offering a 1,000 pence per share bid for Tate.


The company’s shares were up by 1.6% to GBP7.32 (US$14.44) today and reportedly soared by more than 4% at a point this morning.


“We don’t comment on market rumours,” a Tate and Lyle spokesperson told just-food.

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