US group Advent International ‘preparing bid for Tate & Lyle’

Shares in food company jump 13% after reports Advent is in early stages of preparing an offerTate & Lyle could become the next UK company to fall to an overseas takeover offer, following reports that US private equity firm Advent International is preparing a bid for the group.Shares in Tate & Lyle, which makes ingredients such as artificial sweeteners, jumped as much as 13% on Wednesday after the Financial Times reported that Advent was in “the early stages” of preparing an offer. Continue reading...

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Oct 16, 2024 - 11:00
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US group Advent International ‘preparing bid for Tate & Lyle’

Shares in food company jump 13% after reports Advent is in early stages of preparing an offer

Tate & Lyle could become the next UK company to fall to an overseas takeover offer, following reports that US private equity firm Advent International is preparing a bid for the group.

Shares in Tate & Lyle, which makes ingredients such as artificial sweeteners, jumped as much as 13% on Wednesday after the Financial Times reported that Advent was in “the early stages” of preparing an offer. Continue reading...

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