Ingredion agrees to acquire Tate & Lyle for £2.7B ($3.6B) in cash

Ingredion Inc

Cash consideration of 595 pence per Tate & Lyle share; total enterprise value ~£2.7B ($3.6B).
Acquisition to be implemented via UK scheme of arrangement; expected close H2 2027.
Ingredion secured a $4.225B bridge loan facility from JPMorgan to fund the deal.
Supporting shareholder (Huber Equity, ~16.8% of Tate & Lyle) and directors (0.3%) gave irrevocable undertakings to vote in favor.
No financing condition; conditions include antitrust clearance and court/shareholder approval.

item 1.01 item 2.03 item 7.01 item 9.01

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Selected #5 for 2026-06-09. Read digest

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ingredion Inc entered into Co-operation Agreement with Tate & Lyle PLC (effective 2026-06-08).

Action: entry
Agreement: merger
Counterparty: Tate & Lyle PLC
Effective: 2026-06-08

Exact text from the filing

On June 8, 2026, the Company and Tate & Lyle entered into a Co-operation Agreement, dated June 8, 2026 (the “Co-operation Agreement”), in connection with the Acquisition.

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Ingredion Inc filing history →

Source: SEC EDGAR

accession 0001628280-26-041921

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