Stop Press – De La Rue for Sale?
As Currency News™ went to press, De La Rue provided a strategic update which states that a sale of one or both divisions could be on the cards. The Board is in discussions with a number of parties who have made proposals in relation to, or expressed interest in, either of the divisions – Authentication and Currency.
A further announcement will be made with the publication of the company’s annual results, which has been pushed back to the end of July as a result.1 This article is a further statement from De La Rue.
Putting the announcement in context
For over two centuries, De La Rue has been a trusted partner for governments and central banks. Its customer base includes 64 currency issuing authorities that it has supplied for over 20 years (including 31 it has supplied for over 50 years). De La Rue is proud to lead the industry in banknote design and to be the only entity in our industry recognised by the Financial Times as a European Climate Change Leader.
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