De La Rue Publishes Scheme Document for Recommended Acquisition
Why we think this is neutral
This RNS announcement is a general update on the publication of the scheme document for the recommended acquisition of De La Rue by ACR Bidco Limited. As it does not contain any specific financial or operational updates, the sentiment is assessed as neutral.
Key Points
- Publication of scheme document for recommended acquisition of De La Rue by ACR Bidco Limited
- Acquisition to be effected by Court-sanctioned scheme of arrangement
- De La Rue Directors unanimously recommend the acquisition to shareholders
Summary
The prominent security printing and papermaking company has published the scheme document for its recommended acquisition by ACR Bidco Limited.
De La Rue plc has published the scheme document relating to the recommended all-cash acquisition of the company by ACR Bidco Limited, a company indirectly wholly-owned by funds managed and advised by Atlas FRM LLC. The acquisition is intended to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006.
Key Dates
3 June 2025
Court Meeting and General Meeting to approve the Scheme
2 July 2025
Effective Date of the Scheme
GENERAL UPDATE