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8th June 2026
US-based Ingredion Incorporated has made an all-cash offer to buy British company Tate & Lyle for GBP2.7 billion (USD3.6 billion), implying an enterprise value of GBP3.7 billion (USD5 billion), the companies announced on June 8, reports Sugaronline.Tags: Corporate, industry, M&A
Countries: USA, United Kingdom
8th June 2026
The US Department of Agriculture (USDA) estimates the 2026/27 global sugar production will reach 184.85 million metric tonnes, down 1.2 million tonnes from 2025/26, driven by lower output in Brazil, the European Union, the United States, and Thailand, more than offsetting higher production in India, according to biannual Sugar: World Markets and Trade report released in May.Tags: forecast, global sugar surplus, USDA, 2025/26
Countries: USA
8th June 2026
Raízen, a joint venture between Shell and Cosan, said on June 6 that it has secured support from creditors holding over 75.4% of unsecured financial debt to proceed with its BRL64.7 billion (USD12.5 billion) out-of-court restructuring plan, reports Sugaronline.Tags: restructuring plan, Corporate, debt
Countries: Brazil