Britain's Tate & Lyle in discussions with US rival Ingredion for $3.7 billion takeover bid

Britain's Tate & Lyle on ​Thursday said it was ‌in discussions with U.S. rival Ingredion over a possible ​takeover of the food ​ingredients maker, valuing it ⁠at 2.74 billion pounds ($3.70 ​billion), after receiving multiple ​approaches.