Venerable but struggling UK firm backs deal with Chicago-based Ingredion putting nearly 500 jobs worldwide at riskBusiness live – latest updatesTate Lyle has agreed to a £2.7bn takeover by its US rival Ingredion, in a deal that could put hundreds of jobs at risk and represents yet another loss f or London’s struggling stock market.The FTSE 250 business, which makes artificial sweeteners such as Splenda, has agreed to a deal that values it at 615p a share, about 60% above its price before news of a possible takeover emerged. Continue reading... ...read more read less