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De La Rue ( (GB:DLAR) ) has provided an announcement.
De La Rue has announced the commencement of a Formal Sale Process following several preliminary cash offers for the company, including a conditional offer from PSFC Entities. The company’s Board has decided to explore these offers by initiating a structured sale process, which involves inviting expressions of interest from potential buyers. This move comes amid ongoing discussions about selling its Authentication division and exploring strategic options for its Currency division, signaling a significant strategic shift that could impact its future operations and stakeholder interests.
More about De La Rue
De La Rue is a company operating in the security printing and papermaking industry, best known for its production of banknotes, passports, and secure product authentication services. It focuses on providing secure and efficient solutions to governments and financial institutions globally.
YTD Price Performance: 10.14%
Average Trading Volume: 610,456
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £223.6M
See more data about DLAR stock on TipRanks’ Stock Analysis page.
