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Ingredion to Buy U.K. Competitor Tate & Lyle in $3.6B Deal

Ingredion to Buy U.K. Competitor Tate & Lyle in $3.6B Deal

According to the Wall Street Journal, Ingredion will pay £5.95 (roughly $7.94) per share of Tate & Lyle, representing a 59% premium to the British company’s last closing price before the M&A discussions were disclosed in May.

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