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Completion of Sale of Remaining Interest in Primient
27 June 2024 -Tate & Lyle PLC – COMPLETION OF SALE OF REMAINING INTEREST IN PRIMIENT
Further to the announcement of 23 May 2024, Tate & Lyle PLC (‘Tate & Lyle’) announces that it has today completed the sale of its remaining 49.7% interest in Primary Products Investments LLC (‘Primient’) to KPS Capital Partners, LP (the ‘Transaction’), receiving cash proceeds of US$350 million (c.£279 million).
Further to the announcement of 23 May 2024, Tate & Lyle PLC (‘Tate & Lyle’) announces that it has today completed the sale of its remaining 49.7% interest in Primary Products Investments LLC (‘Primient’) to KPS Capital Partners, LP (the ‘Transaction’), receiving cash proceeds of US$350 million (c.£279 million).
Sale of the remaining interest in Primient joint venture to KPS Capital Partners, LP - May 2024
23 May 2024 - Today we are announcing an agreement to sell our remaining interest in Primary Products Investments LLC (Primient) to KPS
Special Dividend and Share Consolidation - April 2022
Following the completion of the sale of a controlling stake of the new business Primient, a circular was published setting out the full details of the proposed Special Dividend and associated Share Consolidation and related matters.
Completion of sale of a controlling stake in Tate & Lyle's Primary Products business to KPS Capital Partners, LP - April 2022
1 April 2022 - Today we completed the sale of a controlling stake in our Primary Products business in the Americas.
Restatement Document - October 2021
Restatement of prior year financial information for the shareholder approved sale of a controlling stake in the Primary Products business ("NewCo)"
Result of General Meeting - Sept 2021
Tate & Lyle is pleased to announce that the resolution proposed at the general meeting held earlier today (the "General Meeting") seeking approval by Tate & Lyle’s ordinary shareholders of the Transaction, was duly passed.
Class 1 Circular - September 2021
Circular to Shareholders relating to proposed sale of a controlling stake in Tate & Lyle’s Primary Products business to KPS Capital Partners, LP and Notice of General Meeting
Publication of Circular and Notice of General Meeting - Sept 2021
Tate & Lyle is pleased to announce that it has published a circular in relation to the transaction, having received approval from the Financial Conduct Authority
Repositioning as a growth-focused global speciality food and beverage solutions business - July 2021
21 July 2021 - Tate & Lyle to be re-positioned as a growth-focused global speciality food and beverage solutions business
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