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Tate & Lyle sells Swazi interest

02 May 2002
| Filed in: Press Releases
Tate & Lyle PLC announces the disposal of its 5% interest in Royal Swaziland Sugar Corporation Limited. The book value of the investment was £3m at 30 September 2001. The shares have been bought by Ingwenyama in trust for the Swazi nation acting through Tibiyo TakaNgwane.The disposal is another...

Completion of Western Sugar sale by Tate & Lyle

01 May 2002
| Filed in: Press Releases
Tate & Lyle PLC (“Tate & Lyle”) announces that it has today signed and completed the sale of Western Sugar Company (“Western”) to the Rocky Mountain Sugar Growers Co-operative ("RMSGC"). The effective date for the transaction is 31 March 2002.The consideration is US$85 million (£58 million), subject...

Tate & Lyle sells East Asia Properties Ltd (EAP)

05 March 2002
| Filed in: Press Releases
Tate & Lyle PLC ('Tate & Lyle') announces the sale of its 15% stake in East Asia Properties Ltd ('EAP') to East Asia Sugar Investment Ltd a subsidiary of the majority shareholder, the Mitr Phol Sugar Corporation Ltd. EAP is a holding company and owns majority stakes in five sugar factories in China...

Tate & Lyle PLC pursues sale of world-wide molasses and storage business

20 February 2002
| Filed in: Press Releases
Tate & Lyle PLC announces that it has decided to pursue a sale of its molasses and storage businesses comprising United Molasses (UK and overseas including UM Feeds Marketing), UM North America (PM Ag and UM Canada) and United Storage. PricewaterhouseCoopers Corporate Finance have been appointed to...

Tate & Lyle disposes of ZSR Corporation Ltd of Zimbabwe and investment in Sugarmark (Namibia) Pty Ltd

06 February 2002
| Filed in: Press Releases
Tate & Lyle PLC announces the sale of Tate & Lyle Investments (Africa) Ltd ("TLIA") to a Botswana-registered holding company CBAQ (Pty) Limited ("CBAQ"). TLIA is a holding company that owns the Group's 50.1% interest in ZSR Corporation Ltd ("ZSR"), a sugar refiner and industrial holding company...
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