May 21 (Reuters) - Tate & Lyle TATE.L posted lower full-year revenue and profit on Thursday, as subdued demand for processed foods and lower product pricing across its major markets hurt.

The company said it was talking to U.S. rival Ingredion INGR.N that has offered to buy the British food and beverage ingredients maker for £2.74 billion ($3.68 billion).

Here are some details on its results and outlook:

• Tate & Lyle reported a 3% fall in annual adjusted core profit to £415 million as revenues also dropped 3% to £2.01 billion, both in line with market expectations.

• "(We) faced softer market demand than anticipated, an increasingly complex geopolitical landscape and... overall, our financial performance has been disappointing," CEO Nick Hampton said.

• The producer of Splenda, a sweetener used in Coca-Cola's beverages, forecast fiscal 2027 sales to grow at a "modest" rate, helped by volume increase and a flat core profit on a yearly basis.

• The century-old British firm assumes limited impact from the ongoing Middle East war and said it was taking actions to mitigate any cost inflation through pricing, procurement activities and operational discipline.

• Analysts, on average, expect 2027 revenue to be flat on a constant currency basis and adjusted core profit of £419 million, per a company-compiled poll.

• Shares in the firm were down 1.1% at 517 pence in early trade.

($1 = 0.7443 pounds)