De La Rue Announces Publication of Scheme Document
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types, such as contract news, order news, trading update, financing, funding, annual results, asset sale/disposal, flow testing, licence news, or delisting. Therefore, the sentiment is assessed as neutral.
Key Points
- Publication of scheme document
- Recommended all-cash acquisition by ACR Bidco Limited
- Acquisition to be effected by scheme of arrangement
Summary
The company has published a scheme document related to a recommended acquisition, providing details on the process and next steps.
De La Rue plc has published a circular 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 (d/b/a Atlas Holdings LLC). The circular sets out the terms and conditions of the acquisition, which is intended to be effected by means of a Court-sanctioned scheme of arrangement.
Key Dates
3 June 2025
Court Meeting and General Meeting
30 June 2025
Scheme Court Hearing
2 July 2025
Effective Date
GENERAL UPDATE