M&A
confidence high
sentiment positive
materiality 0.75
Ingredion announces non-binding all-cash offer for Tate & Lyle at 595p/share
Ingredion Inc
- Offer price: 595 pence per Tate & Lyle share, all cash.
- Tate & Lyle permitted to pay two ordinary dividends up to 20p total (13p final + 7p interim).
- Ingredion has until 5pm London time on 11 June 2026 to announce firm intention or withdraw (PUSU deadline).
- Discussions and due diligence ongoing; no certainty a binding offer will be made.
- Ingredion reserves right to adjust terms if other dividends or distributions are announced.