By Benjamin Chiou
Date: Thursday 20 Jun 2024
(Sharecast News) - Food and beverage products group Tate & Lyle is to buy Atlanta-based pectin, gums and specialty ingredients firm CP Kelco from JM Huber Corporation for $1.8bn, giving the latter a 16% stake in the business.
The deal, which includes CP Kelco's US, Chinese, Danish subsidiaries, "significantly accelerates Tate...
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