Banknote printer De La Rue at 3-yr high on takeover offers
04/02/2025 16:25
Feb 4 (Reuters) - ** Shares of UK's De La Rue PLC
DLAR.L up as much as 8.7% to a three-year high of 125p
** Co receives preliminary approaches from parties other
than British financier Edi Truell's consortium
** Edi Truell consortium's conditional cash offer to be done
through issuance of debt instrument and a share buyback at
125p/share
** Truell is the founder of Disruptive Capital GP Limited
and Pension SuperFund Capital entities, which are part of the
said consortium
** Stock up ~15% YTD
(Reporting by Unnamalai L in Bengaluru)
((Unnamalai.L@thomsonreuters.com;))