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Tate & Lyle - Division Sale
04/07/2008
Tate & Lyle has handed over its international sugar trading business to Bunge, US-based oilseed processor.The value of the deal has not been disclosed. The trading business had gross assets of £288m ($574m). The sale will release £100m for Tate, which had been tied up in working capital, by the end of next March.
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