Tate & Lyle unit sold for £67m

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem TATE & Lyle yesterday sold off the last of its historic British sugar businesses – offloading its molasses distribution arm for £67m. Northern Irish commodities group W&R Barnett has bought the unit in cash, and Tate & Lyle says it will use the proceeds to pay down its net debt. The molasses business had annual sales of £228m in the year to 31 March, generating profits of £13m.The sale follows on from its decision in July to offload its main sugar and golden syrup division to American Sugar Refining for £211m, and is part of Tate & Lyle’s chief executive Javed Ahmed’s plan to focus the company on speciality food ingredients.Tate & Lyle said the sale of the final piece of its global sugar operation – a Vietnamese business – was progressing well.“I would like to thank our molasses employees for their hard work and commitment over many years and wish them every success in the future,” said Ahmed.“Our clear priority is to grow the speciality food ingredients business, supported by cash generated from bulk ingredients. This disposal represents another important step as we focus, fix and grow our business,” he added. KCS-content Tate & Lyle unit sold for £67m Share whatsappcenter_img Thursday 25 November 2010 7:28 pm whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Show Comments ▼ Tags: NULLlast_img read more

Nevada casinos to remain closed until April 30

first_imgCasino & games 3rd April 2020 | By contenteditor Nevada casinos and other brick-and-mortar gambling locations are to remain closed until at least April 30 after the state’s Governor Steve Sisolak extended temporary measures to slow the spread of novel coronavirus (Covid-19). Nevada casinos and other brick-and-mortar gambling locations are to remain closed until at least April 30 after the state’s Governor Steve Sisolak extended temporary measures to slow the spread of novel coronavirus (Covid-19).Venues across the state were ordered to shut down gaming devices, machines, tables, games and any other kit related to gaming activity by 11:59pm on March 17 for 30 days. This suspension will now be extended until at least the end of April.The Nevada Gaming Control Board, the state’s gambling regulator, will continue to enforce the temporary regulations until the Governor deems it fit to lift the measures.The extension of the state-wide order will apply to all non-essential businesses in Nevada, with only facilities such as pharmacies, grocery stores, drug and convenience stores, banks and financial institutions, hardware stores, and gas stations permitted to open.Read the full story on iGB North America. Subscribe to the iGaming newsletter Nevada casinos to remain closed until April 30center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Nevada Topics: Casino & games Legal & compliance Email Addresslast_img read more