Bank note printer raises £360m

Bank note printer De La Rue today raised £360m after agreeing to sell its cash counting division to private equity firm Carlyle.

Bank note printer De La Rue today raised £360m (€456.88m) after agreeing to sell its cash counting division to private equity firm Carlyle.

The Basingstoke-based company said the cash systems arm, which provides mechanisms for bank ATMs, had grown significantly in the last four years and was now a strong business in its own right.