Shares in Tate & Lyle jumped 13% after Financial Times report
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 a bid.
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