• Ingredion management outlined a recommended all-cash offer to acquire Tate & Lyle on a call attended by CEO James Zallie, interim CFO Jason Payant, IR head Noah Weiss.
• Offer set at GBP 5.95 per share, implying about $5 billion enterprise value, an 8.8x multiple of full year 2026 adjusted EBITDA.
• Combined group expected to generate about $10 billion revenue, $1.8 billion adjusted EBITDA, an 18.1% margin before synergies.
• Run-rate net cost synergies targeted at about $130 million by 2030, backed by $175 million one-time cash costs; no revenue synergies assumed.
• Leverage projected near 3x net debt/adjusted EBITDA at close, falling to about 2.5x within 18 months; no break fees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ingredion Incorporated published the original content used to generate this news brief on June 10, 2026, and is solely responsible for the information contained therein.