De La Rue Finalizes Sale of Authentication Division to Crane NXT

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

De La Rue has announced the completion of conditions for the sale of its Authentication division to CA-MC Acquisition UK Limited, a subsidiary of Crane NXT, for £300 million. This strategic move, expected to finalize on May 1, 2025, involves a cash payment with a portion allocated to pension scheme contributions and debt repayment, potentially impacting the company’s financial standing and market strategy.

More about De La Rue

De La Rue is a company with a 211-year history, providing digital and physical solutions to protect supply chains and cash cycles from counterfeiting and illicit trade. Operating across five continents, it serves customers in 140 countries with products like advanced track and trace software, security document design, banknotes, brand protection labels, tax stamps, security features, and passport bio-data pages. The company focuses on currency and authentication solutions, ensuring security and trust in its offerings.

YTD Price Performance: 4.35%

Average Trading Volume: 537,527

Technical Sentiment Signal: Hold

Current Market Cap: £212.1M

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