Brief: De La Rue Announces Proposed Sale Of Authentication For £300 Mln

Crane NXT

15/10/2024 07:15

Oct 15 (Reuters) - De La Rue PLC  DLAR.L :
    * DE LA RUE PLC  - PROPOSED SALE OF AUTHENTICATION FOR £300M
    * DE LA RUE PLC - TO SELL AUTHENTICATION DIVISION TO CRANE NXT FOR £300M
    * DE LA RUE PLC - 5% OF £300M SALE PRICE TO BE HELD IN ESCROW FOR 18 MONTHS
    * DE LA RUE PLC - ADDITIONAL £12.5M TO BE PAID TO PENSION SCHEME BY APRIL
2027
    * DE LA RUE PLC: PROPOSED SALE OF AUTHENTICATION DIVISION FOR £300M TO CRANE
NXT

Source text for Eikon:  ID:nRSO1469Ia 
Further company coverage:  DLAR.L 

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