Carlyle Completes De La Rue's Cash Systems Business Acquisition, Greece

Carlyle, the US based private equity giant, is expected to complete the acquisition of, and will reveal a new identity with a distinctly Ancient Greek flavour. The new company, formerly known as De La Rue Cash Systems Division, is to

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Carlyle, the US-based private equity giant, is expected to complete the acquisition of, and will reveal a new identity with a distinctly Ancient Greek flavour.

The new company, formerly known as De La Rue Cash Systems Division, is to be named Talaris when the takeover completes, after the groups agreed a deal worth 360 million in June.

The Basingstoke-based group employs 2,300 and specialises in cash handling technology as well as consulting and project management. In its former incarnation it installed the world’s first automated teller machine at Barclays Bank in London in 1967.

The full story is available at the Independent.co.uk web-site.

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