De La Rue Goes Private in £263M Atlas Deal

De La Rue, the 211-year-old British icon known for printing some of the world’s most secure banknotes, is turning the page. In a move that marks the end of its public market journey, US- based Atlas Holdings (through its vehicle ACR Bidco Limited) will acquire the company for £263 million in an all-cash deal.

Under the terms of the agreement, Atlas is offering shareholders 130 pence per share. This offer represents a 19% premium on the share price prior to the announcement and a 38% premium over the price before De La Rue’s announcement last year to sell its Authentication Division.

The deal, set to be executed via a court-sanctioned scheme of arrangement, is expected to wrap up in the third quarter of 2025.