Tate & Lyle PLC
TATE: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| FXD | LOCK|P%Nd@ | LOCK|#%GK>>f |
Tate & Lyle: Shares Increase Nearly 50% on Talks of Takeover by Ingredion for GBX 615
Ingredion has made a conditional all-cash proposal to acquire 100% of Tate & Lyle for GBX 615 per share, comprising cash and permitted dividends. Tate & Lyle shares jumped nearly 50% on May 14 on the news.
