Government approves acquisition of De La Rue by HID Corporation Ltd

The Competition Authority of Kenya has approved acquisition of De la Rue by HID Corporation Ltd which will take up 100 per cent of the firm’s issued share capital.

CAK Director-General Wang’ombe Kariuki confirmed saying the government “has authorised the proposed transaction as set out herein on condition that existing contracts the target (De La Rue Kenya Ltd) has with the government are honoured”.