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KPS Capital Partners To Acquire Controlling Stake In Tate & Lyle s Primary Products Business In North America And Latin America New Company Will Be A Leading Manufacturer Of Plant-Based Products For The Food And Industrial Markets Company To Focus On Growth And Sustainability Tate & Lyle PLC To Retain Approximately 50% Ownership Interest News provided by Share this article Share this article NEW YORK, July 12, 2021 /PRNewswire/  KPS Capital Partners, LP ( KPS ) announced today that it has entered into a definitive purchase agreement with Tate & Lyle PLC ( Tate & Lyle ) (LSE: TATE.L) to acquire a controlling stake in its Primary Products business in North America and Latin America and its interests in the Almidones Mexicanos S.A de C.V and DuPont Tate & Lyle Bio-Products Company, LLC joint ventures (collectively, the Primary Products Business or the Company ), through a newly formed company ( NewCo ), for an enterprise value of $1.7 billion. KPS and Tate & Lyle, through a

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