Central Banking

Oberthur given takeover deadline as De La Rue spat intensifies

india-rupee-cash

Oberthur Technologies, a French banknote printing company, was on Monday set a 7 February deadline to make a firm offer for or back away from UK competitor De La Rue.

The Takeover Panel, an independent UK body tasked with oversight of mergers, on Monday set the deadline, as the fallout from an as-yet-unsuccessful bid made by Oberthur in November threatened to further weaken De La Rue, which was rocked by a paper fault last July.

"Following discussions with both parties' advisers, [the panel] has

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: