Koenig & Bauer Banknote Solutions Agrees to Brazil Leniency Deal
The subsidiary agreed to pay CHF 11.54 million within 60 days. The company said no punitive fines or debarment apply and expects no significant P&L impact based on current information.
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04:31:26 PM UTC
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Koenig & Bauer Banknote Solutions entered a leniency deal with Brazil’s CGU, paying CHF 11.54M within 60 days. No punitive fines or debarment; group expects no significant P&L impact and plans to seek a partial refund in Switzerland.Material DetailsContext by AI AnalystThis is a late-stage resoluti…