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  • De La Rue shares surge as £263m takeover confirmed

    Business

    Banknote printer De La Rue has agreed to a binding offer to be taken over for £263m, sending its share price shooting up 17 per cent. The 211 year-old currency printer’s board is backing a 130p a share offer from US private equity giant Atlas Holdings, compared to the 110p price it closed at yesterday. [...]

    Bundles of new polymer British 20-pound banknotes sit in a basket. De La Rue supplies the Bank of England. Photographer: Jason Alden/Bloomberg via Getty Images

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