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The Nexus
BUSINESSJun 8 · 21:19 UTCBLOOMBERG

Ingredion CEO Says Tate & Lyle Deal Creates Powerhouse

Ingredion Inc. agreed to acquire Tate & Lyle Plc for £2.7 billion, ending the UK company’s listing on the London Stock Exchange. Ingredion CEO James Zallie described the deal as a 'fair' premium that creates an ingredients 'powerhouse.'

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