Archive for February 19th, 2015

VANCOUVER, BRITISH COLUMBIA, CANADA — Could Tate & Lyle be a takeover target for Bunge Ltd.? According to analysts with Canaccord Genuity, a potential bid from Bunge is now “substantially greater” given Tate & Lyle’s “lowered valuation, a strong U.S. dollar, low interest rates, a good strategic fit and shareholder dissatisfaction with Tate.”

In a research note e-mailed to clients on Feb. 16, Canaccord Genuity analysts Alicia Forry and Eddy Hargreaves said Tate & Lyle would provide greater exposure to value-added ...