De La Rue faces shareholder revolt as fund  calls for chair to go over ‘failed’ turnaround plan

De La Rue faces shareholder revolt as fund calls for chair to go over ‘failed’ turnaround plan

City A.M.

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London-listed banknote maker De La Rue is facing a shareholder revolt after a major investor demanded that chair Kevin Loosemore be removed for failing to improve the company’s performance. In a letter to shareholders today, AIM-listed activist fund Crystal Amber argued that De La Rue is failing to meet its financial targets, which it set [...]

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