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De La Rue ( (GB:DLAR) ) has shared an update.
De La Rue has received a preliminary conditional cash offer from Disruptive Capital GP Limited and Pension SuperFund Capital entities for its entire issued share capital at £1.25 per share, following the cessation of discussions on a partial offer. The offer is dependent on the successful sale of its Authentication division to Crane NXT, Co. The board is considering its options, and discussions regarding the sale of the Currency division are ongoing, with no certainty of proposals being made. The deadline for a firm offer has been extended to February 6, 2025.
More about De La Rue
De La Rue is a prominent company in the printing and security industry, known for producing banknotes, identity documents, and security products. The company has a significant focus on the authentication and currency sectors, operating on a global scale.
YTD Price Performance: -0.97%
Average Trading Volume: 491,920
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £201M
Find detailed analytics on DLAR stock on TipRanks’ Stock Analysis page.
