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Crystal Amber executive Richard Bernstein tells Sky News the banknote printer should have appointed the billionaire financier rather than Clive Whiley as its chairman.
The troubled banknote printer De La Rue risks further friction with an activist shareholder after it picked the former chairman of Dignity funerals as the next head of its board.Clive Whiley, who is currently also the chairman of Mothercare, has been appointed to the London-listed group with immedia
Crystal Amber, which owns 10% of De La Rue, said leading shareholders were pushing the board to hire billionaire Nat Rothschild (pictured) as chairman.
A number of top City investors have been calling for the struggling banknote printer to parachute Nat Rothschild in as its chairman, Sky News learns.
Mothercare shares tumbled on Thursday after the parent and child retailer said it was in refinancing talks with its lender as it might require waivers to future periods’ covenant tests.