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Nov 14 2024, 07:00 GMT
De La Rue
Counting the money
- Sectors : Capital Goods
- Companies : De La Rue
DAVY VIEW
The sale of the Authentication business for £300m will transform the financial profile of the remaining De La Rue Currency business. The continuing group will have a significant net cash pile for organic (and maybe inorganic) investment, a minimal pension liability profile and an improving Currency design and print order book.
