Banknote printer De La Rue up on report co receives takeover offer
09/01/2025 11:59
** Shares in De La Rue DLAR.L up 11.7% at 114.5p
** Sky news reports British bank note printer received
conditional cash offer from Edi Truell for 125p per share
** Truell's offer is said to be dependent upon the
completion of a 300-million-pound deal to sell De la Rue's
authentication division to Crane NXT - Sky news
** The 125p apiece offer at 22% premium to DLAR's last close
** Truell is the founder of Disruptive Capital GP Limited
and Pension SuperFund Capital entitieS
** Stock up ~11% so far this year
($1 = 0.8133 pounds)
(Reporting by Prerna Bedi in Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))