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Tate & Lyle completes sale of molasses business

Shaun Weston7 Dec 2010

Tate & Lyle has completed the sale of its molasses business to W&R Barnett Ltd.

The signing of a conditional agreement for this disposal was announced on 25 November 2010.

The proceeds of the sale will be used to reduce Tate & Lyle’s net debt.

Source: Tate & Lyle

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