Speculation that French secure technologies firm Oberthur is readying a bid for British banknote printer De La Rue has seen the latter's shares rise to 554p before closing up 26p at 546.5pThe spike came amid rumours of a £757m (US$1.1 bn) or 750p a share cash bid from Oberthur or a "hungry European private equity group", wrote This is Money.Oberthur had previously made a £900m-plus, 935p-a-share bid for De La Rue in 2011, but walked away from the deal after De La Rue reportedly refused to engage in any talks over a potential takeover.Last November, De La Rue blamed tougher market conditions for a decline in profits in 2014.Profit before tax fell 37% to £20.6m in the six months to 27 September from £32.8m for the same period last year.
Recent Articles
- Ditto launches to orchestrate next generation identity with cryptographic certainty
- Europe’s blind spot in biometric tech: Why the EU needs its own testing power
- Securden unveils the world’s first truly unified identity security platform at RSA Conference 2026
- Must-see panels about border biometrics, digital wallets and non-human identity (VIP)
- Cybercrime ‘Gravy train’ under scrutiny as security leaders warn of rapidly evolving threat
Recent Video
- Jorrisa Neuterlings on enhancing AI-powered mobile customer journeys
- Will asylum seekers adopt government Digital ID? Netherlands demonstrate a real-world pilot
- Filippo Chiricozzi on Web3, digital ID and the future of finance
- Stephen Chapman praises UK passport system, calls for international standards to support national systems
- Michelle Wilson on building Blue Cavalry Solutions and advancing interoperable digital ID
