News

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 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 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 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...

Tate & Lyle issues the following routine trading update including comments on sweetener pricing negotiations and a statement on Western Sugar. Current Financial YearUnderlying trading in the Group for the 9 months to 31 December 2001 has continued to be in line with plan and significantly ahead of...