Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Acquisition(s)

15th Mar 2007 11:26

15 March 2007

GROUP 4 SECURICOR PLC

Completion of acquisition of Fidelity Cash Management Services (PTY) Ltd

Further to the announcement it made on 16 February 2007, Group 4 Securicor, the international security solutions group, announces the completion on 14 March 2007 of the acquisition of the 50.1% stake in Fidelity Cash Management Services (PTY) Ltd (FCMS) and 100% of FCMS's businesses in Lesotho, Namibia and Botswana for a cash consideration of ‚£18.1m.

- Ends -

For further enquiries, please contact:

Trevor Dighton +44 (0)1293 554400

Debbie McGrathRob GurnerMedia enquiries:

Citigate Dewe Rogerson +44 (0)7973 672649

Notes to Editors:

Group 4 Securicor operates in over 100 countries throughout the world, employing around 470,000 people. It is a market leader in the provision of security solutions in many of the countries in which it operates. For more information on Group 4 Securicor, visit www.g4s.com. The shares in FCMS were acquired from a consortium comprising management and financial investors.

GROUP 4 SECURICOR PLC

Related Shares:

GFS.L
FTSE 100 Latest
Value8,774.65
Change-17.15