Tate & Lyle acquires Chinese prebiotic dietary fibre business

31st Mar 2022 07:23

(Sharecast News) - Food and beverage ingredients provider Tate & Lyle said on Thursday that it had agreed to acquire Chinese prebiotic dietary fibre business Quantum Hi-Tech Biological for $237.0m.

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Tate & Lyle lifts guidance for continuing ops as revenues rise

11th Feb 2022 07:05

(Sharecast News) - Food products group Tate & Lyle reported a rise in revenues in the final three months of 2021 as it lifted guidance for continuing operations and said it remained on track to create two businesses by the end of March.

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Tate & Lyle taps Dawn Allen for CFO

9th Feb 2022 07:27

(Sharecast News) - Food and beverage ingredients supplier Tate & Lyle said on Wednesday that Dawn Allen had been appointed to the position of chief financial officer.

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Barclays resumes coverage of Tate & Lyle at 'overweight'

27th Jan 2022 14:31

(Sharecast News) - Barclays resumed its 'overweight' coverage on Tate & Lyle on Thursday with a 930p price target as it pointed to a "new era" with significant total shareholder return potential.

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Tate & Lyle first half boosted by food & beverages unit

4th Nov 2021 08:08

(Sharecast News) - Tate & Lyle reported a rise in first-half profit and revenue on Thursday following a particularly strong performance in the food & beverage solutions business.

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Berenberg raises target price on Tate & Lyle

14th Jul 2021 10:25

(Sharecast News) - Analysts at Berenberg raised their target price on food and beverage ingredients supplier Tate & Lyle from 855.0p to 950.0p on Wednesday, stating the firm was now deserving of a valuation in line with its peers.

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Tate & Lyle breaks up with $1.3bn sale of primary products business

12th Jul 2021 08:03

(Sharecast News) - Tate & Lyle on Monday said it had agreed to sell a controlling stake in its primary products business in North America and Latin America to private equity outfit KPS Capital Partners for $1.3bn.

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Wednesday broker round-up

2nd Jun 2021 13:19

(Sharecast News) - Tate & Lyle: Berenberg upgrades to buy with a target price of 855p.

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Berenberg upgrades Tate & Lyle to 'buy'

2nd Jun 2021 10:42

(Sharecast News) - Berenberg upgraded its stance on shares of Tate & Lyle to 'buy' from 'hold' on Wednesday, pointing to the increasing likelihood that an eventual separation of the speciality Food & Beverage Solutions (FBS) unit and bulk Primary Products (PP) unit will occur.

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Food, beverages unit boost Tate & Lyle FY results

27th May 2021 07:40

(Sharecast News) - Tate & Lyle has reported a 6% rise in adjusted annual profits driven by double-digit growth in its food and beverage division.

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Tate & Lyle confirms plans to sell controlling stake in sweeteners unit

26th Apr 2021 07:21

(Sharecast News) - Tate & Lyle on Monday confirmed reports it was planning to sell a controlling stake in its primary products division to a "long term financial partner".

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Sunday newspaper round-up: Financial Services, Google, Cash

25th Apr 2021 20:08

(Sharecast News) - The European Union will climb down and agree a post-Brexit deal on financial services because the bloc "needs London", PwC has predicted. John Garvey, global head of financial services at the consulting firm, said that although any agreement is unlikely to happen in the short term, there will come a point when the EU realises a deal is in its own interests. - Sunday Telegraph

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Tuesday broker round-up

2nd Feb 2021 13:54

(Sharecast News) - BHP Billiton: Liberum downgrades to sell with a target price of 1,880p.

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Barclays lifts Tate & Lyle to 'overweight'

2nd Feb 2021 10:50

(Sharecast News) - Barclays upgraded its stance on shares of Tate & Lyle on Tuesday to 'overweight' from 'equalweight' and hiked the price target to 875p from 700p, highlighting its increasing resilience.

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Tate & Lyle buys stevia solutions business Sweet Green Fields

1st Dec 2020 07:55

(Sharecast News) - Tate & Lyle said on Tuesday that it has bought Sweet Green Fields (SGF), a stevia sweetener solutions business, for an undisclosed sum.

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