De La Rue: Bank of England supplier’s stock surges on takeover offer Business Bank of England supplier De La Rue has received a £246m takeover offer, according to reports, sending its stock price surging more than 12 per cent. The banknote printer has been offered 125p a share in a conditional offer, roughly 25 per cent higher than its stock price before the news, by companies founded by [...]
De La Rue: Banknote printer agrees to £300m breakup Business Bank of England banknote printer De La Rue has agreed to sell an arm of its business to an American firm for £300m. The London-listed company announced this morning that it had entered into a definitive agreement for the sale of the group’s authentication arm to Crane NXT, a New York-listed industrial technology company. When [...]