BRIEF-De La Rue Announces Proposed Sale Of Authentication For £300 Mln

Reuters

2024-10-15

Oct 15 (Reuters) - De La Rue PLC :

* DE LA RUE PLC - PROPOSED SALE OF AUTHENTICATION FOR £300M

* DE LA RUE PLC - TO SELL AUTHENTICATION DIVISION TO CRANE NXT FOR £300M

* DE LA RUE PLC - 5% OF £300M SALE PRICE TO BE HELD IN ESCROW FOR 18 MONTHS

* DE LA RUE PLC - ADDITIONAL £12.5M TO BE PAID TO PENSION SCHEME BY APRIL 2027

* DE LA RUE PLC: PROPOSED SALE OF AUTHENTICATION DIVISION FOR £300M TO CRANE NXT

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;;))

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