De La Rue Acquisition by ACR Bidco Cleared in Malta

The latest announcement is out from De La Rue ( (GB:DLAR) ).

De La Rue PLC has announced the clearance of its acquisition by ACR Bidco Limited, a company owned by funds managed by Atlas Holdings LLC, under the National Foreign Direct Investment Screening Office Act in Malta. The acquisition, structured as a scheme of arrangement, is progressing with necessary approvals and is expected to be finalized by early July 2025, leading to the delisting of De La Rue shares from the London Stock Exchange, impacting its market presence and shareholder structure.

Spark’s Take on GB:DLAR Stock

According to Spark, TipRanks’ AI Analyst, GB:DLAR is a Neutral.

De La Rue’s overall stock score is largely influenced by its poor financial health, marked by declining revenues and net losses. However, technical analysis shows some bullish momentum, and strategic corporate events hint at potential improvement. Despite these positives, the negative valuation metrics and shareholder changes present notable concerns.

To see Spark’s full report on GB:DLAR stock, click here.

More about De La Rue

De La Rue PLC operates in the security printing industry, primarily producing banknotes, identity documents, and secure product authentication solutions. The company focuses on providing secure and innovative products to governments and commercial organizations globally.

Average Trading Volume: 1,539,651

Technical Sentiment Signal: Buy

Current Market Cap: £253.4M

For an in-depth examination of DLAR stock, go to TipRanks’ Overview page.