Brief: De La Rue Announces Proposed Sale Of Authentication For £300 Mln
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
((Reuters.Briefs@thomsonreuters.com;;))