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Tate & Lyle wants to sell a controlling stake in primary products to a long-term financial partner
25 April 2021 • 7:15pm
Tate & Lyle has begun preparing the ground for a break-up of the business by auctioning a controlling stake in its primary products arm.
The former FTSE 100 company confirmed it was pursuing a split of the unit from the food and beverage solutions business following revelations in
In a statement, the business said it was exploring a separation by selling a controlling stake in the primary products operation to a new long-term financial partner . Tate & Lyle continues to successfully execute its strategy and remains confident in the future growth prospects of the company, the firm added.
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