Atlas Holdings has announced its acquisition of UK banknote maker De La Rue for £263 million, with De La Rue's directors intending to unanimously recommend this all-cash deal to shareholders. The offer, priced at 130 pence per share, reflects a 16% premium over the banknote maker's recent closing price. The company, known for printing currency notes for King Charles, has also been exploring other proposals, yet the board views Atlas as a strategic partner for future growth and stability, guaranteeing a solid foundation for both customers and employees.
Investment group Atlas Holdings is acquiring UK banknote maker De La Rue for £263m, marking a significant step towards stability and growth for the banknote producer.
De La Rue's board unanimously recommends the acquisition as 'fair and reasonable,' highlighting the all-cash deal's premium and the company's potential under Atlas's ownership.
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