De La Rue’s authentication unit reported about $130 million in revenue with an EBITDA margin of approximately 20 percent. Its currency business is not included in the transaction. Crane NXT anticipates a double-digit return on invested capital within five years, on growth in De La Rue’s business plus synergies.

(Reuters) -British banknote printer De La Rue said on Tuesday it would sell its authentication business for 300 million pounds ($391.3 million), including debt, to industrial technology firm Crane NXT.

Where is Hailie Deegan headed in 2025? The 23-year-old racer answered that question Monday, announcing an Indy NXT deal.

Hailie Deegan said Monday she will move from NASCAR to IndyCar and compete in the Indy NXT Series next year with HMD Motorsports. Deegan will drive the No. 38 entry for the full 14-race calendar of the series one step below IndyCar.