Former De La Rue head joins Oberthur
The French banknotes and smart cards firm Oberthur has hired the former chief executive of De La Rue as a long-term consultant but ruled itself out of making a further bid for the UK-based banknote printer for at least six months.
The statement knocked nearly 3 per cent off the shares of De La Rue, although Oberthur's appointment of James Hussey as an adviser to the chairman on a multi-year consultancy contract raised the prospect it would come back with a bid.
The French company terminated a 10-week pursuit of De La Rue after the British firm refused to enter talks over a £926m bid in January.
- 1 'He was lucky he didn't die' - George Michael fell out of speeding car onto M1 motorway, according to eye witness
- 2 Gay couple beaten in park urge MPs to moderate language on gay marriage
- 3 After woman sells virginity for $780,000, here are the results of our prostitution survey
BMF is the UK’s biggest and best loved outdoor fitness classes
Win anything from gadgets to five-star holidays on our competitions and offers page.
iJobs Money & Business
£850 - £1000 per day: Orgtel: Programme Change Manager - Banking - London - £8...
£180 - £230 per day: Orgtel: Operations Analyst - Leading Bank in the City of ...
£500 per day: Orgtel: A top tier banking client urgently requires Finance Busi...
£425 - £550 per day: Orgtel: Senior Finance Project Manager - £550 - Bristol -...