Ingredion's Tate & Lyle Offer Gives Certainty at Expense of Value -- Market Talk
Dow Jones05-27
0811 GMT - Ingredion's proposed offer for Tate & Lyle gives shareholders certainty, but this comes at the cost of value, analysts at Berenberg say in a note. Even though it seems like an attractive offer optically, it still represents a material discount to comparable transactions, they add. However, despite this, there are emerging risks to the British ingredient company's volumes, due to heightened inflation from a super El Nino and customer affordability, they add. Shares are up 0.52% at 502 pence. (aimee.look@wsj.com)
(END) Dow Jones Newswires
May 27, 2026 04:11 ET (08:11 GMT)
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