Banknote printer De La Rue to sell authentication arm to Crane NXT for $391 mln

Reuters
15 Oct 2024

Oct 15 (Reuters) - British banknote printer De La Rue

said on Tuesday it would sell its authentication business for 300 million pounds ($391.3 million), including debt, to industrial technology firm Crane NXT .

($1 = 0.7668 pounds)

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Savio D'Souza)

((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10