Herbies helps De La Rue fend off hostile bid by rival banknote printer
Herbert Smith has helped banknote printer De La Rue see off a hostile takeover attempt by French bidder Oberthur. The offer, valuing the publicly owned entity at £900m, was withdrawn after the De La Rue board claimed the company was undervalued in a statement issued in advance of the Takeover Panel’s ’put up or shut […]