Shares in sugar and ingredients group Tate & Lyle rose today (8 March) on reports that the company could be facing a takeover from private equity groups.
Shares in the company had risen 2.37%, climbing to 561 pence at time of press.
When contacted by just-food, Tate & Lyle declined to comment on the rumours. “We don’t comment on market speculation; we hear this kind of talk all the time,” a spokesperson for the company said.
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