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Ingredion Announces Conditional Sale of Equity in Rafhan Maize

1. Ingredion announces sale of 51% in Rafhan Maize to Nishat Hotels. 2. Ingredion retains a 20% stake post-transaction. 3. Sale hinges on securing international financing. 4. Transaction expected to close by mid-2026, pending approvals. 5. Ingredion's 2024 sales projected at $7.4 billion.

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Why Bullish?

While divesting a majority stake may seem risky, retaining 20% ownership and potential financing indicates strategic perseverance, which is generally favorable for investor confidence. Historically, such alliances often enhance market presence and operational efficiencies.

How important is it?

The article discusses a significant transaction that can reshape Ingredion's positioning in a critical market. Although it's not immediate, the implications of this sale could affect investor sentiment and market share in the long run.

Why Long Term?

As the deal is projected to close in 2026, it will take time to manifest its full benefits. Long-term investments typically reflect overall strategic direction and market positioning.

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WESTCHESTER, Ill., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that it has signed a conditional agreement to sell a 51% ownership interest in Rafhan Maize to Nishat Hotels and Properties Ltd., located in Lahore, Pakistan. Ingredion will retain a 20% ownership interest in Rafhan Maize. The sale is conditional pending the arrangement of international financing. The transaction is expected to close in the first half of 2026, subject to regulatory approvals and satisfaction of other customary closing conditions. About IngredionIngredion Incorporated (NYSE: INGR), headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in nearly 120 countries. With 2024 annual net sales of approximately $7.4 billion, the Company turns grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs® innovation centers located around the world and more than 11,000 employees, the Company cocreates with customers and fulfills its purpose of bringing the potential of people, nature, and technology together to make life better. Visit ingredion.com for more information and the latest Company news. CONTACTS:Investors: Noah Weiss, 773-896-5242Media: Rick Wion, 708-209-6323

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