Britain’s G4S is open to offers for cash business
Security contractor's share price rises after confirmation of move to hive off operations hit by ATM and bank branch closures amid rise in digital payments
11 August 2019 - 17:46
Bengaluru — G4S will look at offers for all or part of its cash-transport business after its board approved hiving it off into a separate company in the first half of 2020.
The British security contractor's share price rose nearly 9% after Friday’s confirmation of the move to separate its cash operations, which have been hit in Britain by ATM and bank branch closures as digital payments become more common...
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