Alston & Bird advises J.M. Huber on Ingredion’s offer for Tate & Lyle

Alston & Bird is advising J.M. Huber Corporation in connection with Ingredion Inc.’s £2.7 billion recommended all-cash offer for Tate & Lyle plc, according to a June 16 announcement. Huber, a significant shareholder of Tate & Lyle, has provided an irrevocable undertaking in support of the transaction.

The proposed acquisition will be implemented by way of a court-sanctioned scheme of arrangement under Part 26 of the UK Companies Act 2006. The deal remains subject to customary conditions, including shareholder approval and regulatory clearances.

Completion of the transaction is expected in the second half of 2027 if all conditions are met.

The Alston & Bird team advising J.M. Huber is led by partners Elaine Tapp and Robert Ardern, with support from James Ashe-Taylor, Simon Cahill, Irene Fraile, Anna Musk, and Jonathan Kress.