BUZZ-Banknote printer De La Rue at 3-yr high on takeover offers
ReutersFeb 4, 2025 4:25 PM
Feb 4 (Reuters) - Shares of UK's De La Rue PLC DLAR.L up as much as 8.7% to a three-year high of 125p
Co receives preliminary approaches from parties other than British financier Edi Truell's consortium
Edi Truell consortium's conditional cash offer to be done through issuance of debt instrument and a share buyback at 125p/share
Truell is the founder of Disruptive Capital GP Limited and Pension SuperFund Capital entities, which are part of the said consortium
Stock up ~15% YTD
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