Completion of sale of a controlling stake in Tate & Lyle's Primary Products business to KPS Capital Partners, LP
1 April 2022 - Today we completed the sale of a controlling stake in our Primary Products business in the Americas.
Special Dividend and Share Consolidation
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.
Publication of Circular and Notice of General Meeting
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
Result of General Meeting
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.
Tate & Lyle to re-position as a growth-focused global speciality food and beverage solutions business
In July 2021, we announced our intention to create two standalone businesses, Tate & Lyle and NewCo, each focusing on their respective strategies and priorities.