Tate & Lyle confirms plans to sell controlling stake in sweeteners unit

Tate & Lyle confirms plans to sell controlling stake in sweeteners unit | Financial News

Tate & Lyle confirms plans to sell controlling stake in sweeteners unit | Financial News

(Sharecast News) - Tate & Lyle on Monday confirmed reports it was planning to sell a controlling stake in its primary products division to a long term financial partner.The 100-year-old firm said it believes that if a deal was completed it would enable Tate & Lyle and the new business to focus their respective strategies and capital allocation priorities and create the opportunity for enhanced shareholder value.

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