BUZZ-UK's Tate & Lyle soars on takeover proposal from Ingredion

Ingredion Incorporated

Ingredion Incorporated

INGR

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** Shares in Tate & Lyle TATE.L jumps 52% to 569.5 pence

** The food ingredients maker receives a 615 pence per share conditional cash proposal from U.S. ingredient solutions provider Ingredion INGR.N

** TATE is the top gainer on FTSE mid-caps .FTMC index, which is up 1.1%, and on track for record one-day percentage gain

** Stock up ~52% YTD


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