Soluble Corn Fiber: What consumers want and why it’s important
Tate &. Lyle
Allied's shares rallied strongly towards the end of last week, up almost 20p in two days, after US-based Constellation Brands confirmed it led a consortium in talks with the firm about a potential bid.
Shares were also pushed up by rumours that the world's number one distiller, Diageo, may also be looking for a stake in Allied's various brands. Competition regulations over market control mean Diageo would be unlikely to launch a solo bid.
See BeverageDaily.com's earlier update on Constellation's bid talks for more information.