Tate & Lyle agrees £2.7bn takeover by US rival in new blow to London market
Business & EconomyWhat to know
- Venerable but struggling UK firm backs deal with Chicago-based Ingredion putting nearly 500 jobs worldwide at riskTate & Lyle has agreed to a £2.7bn takeover by its US rival Ingredion, in a deal that could put hundreds of jobs at risk and represents yet an...S1
- Take private deal comes as UK ingredients group struggles with subdued consumer spendingS2
Timeline · newest first
4mos
The Guardian
Tate & Lyle agrees £2.7bn takeover by US rival in new blow to London market
Venerable but struggling UK firm backs deal with Chicago-based Ingredion putting nearly 500 jobs worldwide at riskTate & Lyle has agreed to a £2.7bn takeover by its US rival Ingred…
4mos
Financial Times
Tate & Lyle agrees to £2.7bn takeover from US rival Ingredion
Take private deal comes as UK ingredients group struggles with subdued consumer spending
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Published Jun 8, 2026
What to know
- Venerable but struggling UK firm backs deal with Chicago-based Ingredion putting nearly 500 jobs worldwide at riskTate & Lyle has agreed to a £2.7bn takeover by its US rival Ingredion, in a deal that could put hundreds of jobs at risk and represents yet an...S1
- Take private deal comes as UK ingredients group struggles with subdued consumer spendingS2
Timeline · newest first
Sources · 2 citations
S1
The Guardian
1 report · EN
S2
Financial TimesLead
1 report · EN
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2 outlets
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Virgin Media O2 to axe thousands of jobs as it cuts costs to battle £22billion debt
2 outlets
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United Kingdom
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BP Reports Record Third-Quarter Profit Amid Energy Market Volatility
4 outlets
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Germany
Germany · Business & Economy
European Central Bank Holds Key Interest Rate Steady at 2.5%
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