Tate & Lyle Surges After FT Reports Advent Is Preparing Bid – BNN Bloomberg
[ad_1] (Bloomberg) — Ingredients company Tate & Lyle Plc surged after the Financial Times reported that buyout group Advent International is preparing a takeover bid. Shares in the London-listed supplier to food producers rose more than 12% on the report, giving the company a market capitalization of about £3.2 billion ($4.2 billion). Tate & Lyle…
