De La Rue: Banknote printer agrees to £300m breakup Business Bank of England banknote printer De La Rue has agreed to sell an arm of its business to an American firm for £300m. The London-listed company announced this morning that it had entered into a definitive agreement for the sale of the group’s authentication arm to Crane NXT, a New York-listed industrial technology company. When [...]
De La Rue: Banknote maker hopeful takeover will end in ‘coming months’ amid sliding revenue M&A Banknote printer De La Rue has said it believes takeover talks will reach a "successful conclusion in the coming months", as it reported a dent in full year revenue.
De La Rue shares jump as orders grow and group edges closer to sale Money The firm responsible for printing UK's money is edging closer to a sale of some or all of its business and has delayed reporting its full year results to July in the hope that by then it will have found a buyer.
De La Rue: Struggling British banknote maker reassures market it’s on track to hit profit target April 17, 2024 Last year, the company informed markets that demand for banknotes had slumped to the lowest level in 20 years.
De La Rue: ‘Welsh Wizard’ investor hoping to cast spell over banknote maker’s shares April 16, 2024 An investor known as the 'Welsh Wizard' in City of London circles has increased his stake in De La Rue, the company that makes UK passports and banknotes.