Simpson Thacher is representing JPMorgan Chase Bank, N.A. in providing $4.2 billion of committed financing for the announced £2.7 billion ($3.6 billion) acquisition of Tate & Lyle PLC (“Tate & Lyle”) by Ingredion Incorporated (“Ingredion”).
Ingredion is a leading global provider of ingredient solutions to the food and beverage and industrial segments. Tate & Lyle is a global leader in mouthfeel, sweetening and fortification.
The Simpson Thacher team includes Dan Kay, Robert Meyer, Roey Vardi, Aaron Gurley and Kaitlin Dunne (Credit NY); David Azarkh, John O’Connell, Alexander Grynszpan and Cadina Mancini (Capital Markets); Hadrien Servais and Sophie Rezki (Credit London); and Clare Gaskell (M&A London).