Deals

Tate & Lyle Gets Up to £2.7 Billion Offer From Ingredion

Tate & Lyle produces a range of ingredients used in everything from baked goods to animal feed.
Source: Tate & Lyle Plc

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By Crystal Tse, Ruth David, and Dinesh Nair

May 14, 2026 at 11:53 AM UTC

Updated on

May 14, 2026 at 2:55 PM UTC

Tate & Lyle Plc has received a takeover offer from Ingredion Inc., raising the prospect of another famous brand leaving London’s stock market.

US-based Ingredion has made a conditional proposal worth up to 615 pence a share, the British ingredients maker said in a statement Thursday. That represents a 64% premium to Tate & Lyle’s closing price on Wednesday.