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.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
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.
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
