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Koenig & Bauer Banknote Solutions Agrees to Pay CHF 11.54 Million in Brazil Corruption Settlement

PUBT·10/19/2026 16:31:31
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Koenig & Bauer Banknote Solutions Agrees to Pay CHF 11.54 Million in Brazil Corruption Settlement
  • Koenig & Bauer subsidiary Koenig & Bauer Banknote Solutions signed a Brazilian leniency agreement, ending a corruption investigation launched in 2019.
  • The subsidiary must pay CHF 11.54 million in compensation within 60 days; it faces no financial penalty or Brazilian public-contract ban.
  • A separate Brazilian audit court proceeding remains open, but the court can no longer impose financial penalties or a public-contract ban.
  • The subsidiary will seek partial reimbursement of CHF 30 million confiscated in Switzerland in 2017, offsetting the Brazilian compensation payment.
  • The settlement is expected to have no material earnings impact; the compensation payment does not affect the group's financial position versus guidance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KBA - Koenig & Bauer AG published the original content used to generate this news brief via pressetext (Ref. ID: 202610191230PRESSTXTEUPR__DECA62824DDE6428E4034E2F68C317F0B) on October 19, 2026, and is solely responsible for the information contained therein.