Advertisement
UK markets open in 6 hours 23 minutes

  • NIKKEI 225

    37,970.83
    -489.25 (-1.27%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • CRUDE OIL

    82.73
    -0.08 (-0.10%)
     

  • GOLD FUTURES

    2,329.10
    -9.30 (-0.40%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,792.89
    -1,618.48 (-3.03%)
     

  • CMC Crypto 200

    1,391.23
    -32.87 (-2.31%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Tate & Lyle alters European joint venture, Splenda business

Reuters - UK Focus

(Repeats to attach to Reuters alerts)

LONDON, April 21 (Reuters) - Tate & Lyle (LSE: TATE.L - news) on Tuesday said it would exit most of its European bulk ingredients business and restructure its struggling Splenda sucralose business, in a bid to focus on and strengthen its specialty food ingredients business.

Regarding a European corn wet-milling joint venture the company has with Archer Daniels Midland, Tate said it would exit the bulk ingredients plants in Bulgaria, Turkey and Hungary and take full ownership of a more specialty-focused plant in Slovakia.

It also said it would consolidate production of all its Splenda sucralose at a facility in Alabama and close a Singapore facility in the spring of 2016. (Reporting by Martinne Geller; Editing by David Holmes)