Tate & Lyle says it is in talks with a US firm about a possible takeover worth about £2.7 billion. The news is reported as the company enters a period of discussions that could lead to a formal offer, though no final deal is confirmed. Following the announcement, Tate & Lyle shares rise sharply, reflecting investor reaction to the prospect of a sale and potential change in ownership. The reports also place the bid in the wider context of ongoing interest in UK-listed companies from overseas buyers. The company’s update indicates it is discussing the terms and feasibility of a transaction with the US rival, but does not specify whether talks will result in an offer or what conditions could apply. At this stage, details such as the exact structure of the proposed bid, pricing relative to the market, and expected timetable are not described in the accounts provided. The situation remains fluid as discussions continue.