De La Rue Announces Acquisition by ACR Bidco

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

De La Rue PLC has announced a recommended all-cash acquisition by ACR Bidco Limited, a company associated with Atlas Holdings LLC. The acquisition, to be executed through a Court-sanctioned scheme of arrangement, involves the entire issued share capital of De La Rue. The directors of De La Rue, advised by Deutsche Numis, consider the terms fair and reasonable and recommend shareholders vote in favor of the scheme. The acquisition is expected to be effective by July 2, 2025, pending necessary approvals.

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 and papermaking industry, specializing in the production of banknotes, identity documents, and other secure products. The company is known for its focus on providing secure solutions to governments and businesses worldwide.

Average Trading Volume: 1,433,186

Technical Sentiment Signal: Buy

Current Market Cap: £254.3M

For a thorough assessment of DLAR stock, go to TipRanks’ Stock Analysis page.