Completion of Disposal of European Starch Facilities
The signing of the conditional agreement for the sale of the business was announced on 18 July 2007. As previously announced, the consideration for the sale is €310 million (£215 million) subject to closing adjustments.
02/10/07 Tate & Lyle PLC is pleased to announce that, following the receipt of European antitrust approvals, the sale of its starch facilities in the UK, Belgium, France, Spain and Italy (together “the business”) to Syral SAS (a subsidiary of Tereos of France) has now completed.
The signing of the conditional agreement for the sale of the business was announced on 18 July 2007. As previously announced, the consideration for the sale is €310 million (£215 million) subject to closing adjustments.