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Advent International is preparing a takeover offer for the UK’s Tate & Lyle, marking private equity’s latest attempt to acquire a London-listed group. Following the news, Tate & Lyle shares rose by 9.1% before being halted for volatility. The news was first reported as an FT scoop.
Breaking news: Advent International is preparing a takeover offer for the UK’s Tate & Lyle, marking private equity’s latest attempt to acquire a London-listed group https://t.co/E53svpmsMY https://t.co/eKd5TLGuC4
Advent International prepares Takeover Bid For Tate & Lyle - @FT https://t.co/gvQUlre2yT
The missing ingredient? Advent International prepares takeover bid for Tate & Lyle FT scoop from the team: https://t.co/eatKuaPDhf via @ft