De La Rue, Crane NXT
De La Rue sees shares jump after striking deal to sell its authentication arm
De La Rue sees shares jump after striking deal to sell its authentication arm - The bank note printer will sell the division to US firm Crane NXT for £300m.
Banknote printer De La Rue to sell authentication arm to Crane NXT for $391 million
(Reuters) -British banknote printer De La Rue said on Tuesday it would sell its authentication business for 300 million pounds ($391.3 million), including debt, to industrial technology firm Crane NXT.
Crane NXT buys De La Rue authentication biz for US$392mln
U.S.-based Crane NXT Co has announced a definitive agreement with De La Rue Plc to acquire the latter’s authentication business for GBP300 million (US392.3 million) in cash.
Bank of England currency printer De La Rue in £300m sale
Crane NXT, the New York-listed industrial technology company, was on Monday night finalising a takeover of De La Rue's authentication division, Sky News learns.
De La Rue sells authentication arm
Crane NXT confirmed on October 15 that it had brought De La Rue, the company that prints the Bank of England’s banknotes.
Banknote printer De La Rue to sell authentication arm, shares jump
By Yadarisa Shabong (Reuters) -Shares in De La Rue soared 15% on Tuesday after the British banknote printer said it would sell its authentication business for 300 million pounds ($391.3 million), including debt,
Crane NXT to Acquire De La Rue Authentication Solutions, a Global Leader in Security and Authentication Technologies
Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with De La Rue plc to acquire its authentication business for 300 million British pounds in cash,
De La Rue exits authentication business with $393M acquisition by Crane NXT
De La Rue Authentication Solutions provides software for businesses and governments, along with physical security tokens and ID documents. The company has delivered authentication solutions in 80 countries,
Crane NXT Poised for Strong Growth with Strategic M&A and Market Expansion
Crane NXT (CXT) has received a new Buy rating, initiated by Robert W. Baird analyst, Michael Halloran. Michael Halloran’s rating is based ...
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De La Rue agrees authentication unit sale to Crane NXT
De La Rue has found a buyer for its authentication division, agreeing to sell the business to US rival Crane NXT for £300m ...
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Crane NXT names Aleta Richards as Crane Currency president
Crane NXT Co, a maker of security and authentication technology including products for the gaming sector, has appointed Aleta ...
Crane NXT (CXT) Receives a Buy from D.A. Davidson
D.A. Davidson analyst Matt Summerville maintained a Buy rating on Crane NXT (CXT – Research Report) today and set a price target of ...
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De La Rue agrees £300m Authentication sale
De La Rue has agreed to sell its Authentication division to US giant Crane NXT in a £300m deal that will help the group shore ...
Crane NXT's (NYSE:CXT) Returns Have Hit A Wall
So, Crane NXT has an ROCE of 14%. On its own, that's a standard return, however it's much better than the 9.8% generated by ...
Crane NXT, Co. Announces Dates For Third Quarter 2024 Earnings Release and Earnings Call
WALTHAM, Mass., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced today its schedule for the Company’s ...