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De La Rue ( (GB:DLAR) ) just unveiled an announcement.
De La Rue PLC has announced a recommended acquisition by ACR Bidco Limited, a company owned by funds managed by Atlas Holdings LLC. The acquisition will be executed through a Court-sanctioned scheme of arrangement, with shareholder meetings scheduled for June 2025 to approve the scheme. The directors of De La Rue recommend shareholders vote in favor of the acquisition, which is expected to be completed by July 2025, subject to 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 is a prominent company in the security printing and papermaking industry, primarily known for producing banknotes, passports, and other secure documents. The company focuses on providing secure solutions to governments and businesses worldwide.
Average Trading Volume: 1,433,186
Technical Sentiment Signal: Buy
Current Market Cap: £254.3M
See more data about DLAR stock on TipRanks’ Stock Analysis page.
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