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Article: UNITED STATES BANKNOTE TO ACQUIRE BRAZIL'S LEADING SECURITY PRINTER
- Article from:
- PR Newswire
- Article date:
- June 8, 1993
CopyrightCOPYRIGHT 1993 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, June 8 /PRNewswire/ -- United States Banknote Corporation (NYSE: UBK) announced today that it had signed a definitive purchase agreement to acquire Thomas De La Rue Grafica e Servicos Ltda. (De La Rue - Brazil), a wholly owned subsidiary of De La Rue plc, for $45 million, consisting of cash and approximately 940,000 shares of common stock of the company. De La Rue - Brazil is the country's largest private check printer as well as its leading credit and telephone card manufacturer. It is also the leading supplier of a variety of security printed documents including motor vehicle registration forms, luncheon vouchers and drivers' licenses. De La Rue - Brazil is based ...