De La Rue Responds to Speculation
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. It appears to be a general update in response to speculation, without providing any significant financial or operational details.
Key Points
- Board has considered proposals from PSFC Entities alongside other alternatives
- Determined to recommend all cash acquisition by ACR Bidco Limited
Summary
The prominent security printing and papermaking company has responded to speculation regarding a possible offer, providing an update on discussions with potential acquirers.
De La Rue plc has responded to speculation regarding a possible offer from the PSFC Entities. The Board has considered proposals from the PSFC Entities alongside other transactional alternatives, but has determined to recommend the all cash acquisition of De La Rue by ACR Bidco Limited that was announced separately.
GENERAL UPDATE