RBA may pick up Candover investee Securency in fire sale amid bribe investigation
The Reserve Bank of Australia (RBA) is likely to take full ownership of banknote manufacturing company Securency International Ltd, as a bribe investigation continues at RBA's JV partner in the company, invested by Candover Partners.
Securency is 50:50 owned by RBA and UK plastics producer Innovia Films, which is controlled by Candover Partners, the funds management arm of Candover Investments in London. Candover paid EUR320 million...
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