G4S plc UK DK : G4S plc UK DK : Disposal 5 March 2013 G4S plc Proposed Divestment of G4S Government Solutions, Inc. (USA) G4S, the international security solutions group, today announces that, following a strategic business review, it has decided to divest its US Government Solutions business. G4S Government Solutions, Inc. provides security, fire protection, facilities management, training and mine clearance services to US Government organisations including the Departments of Energy, Homeland Security and Defense in addition to international organisations such as NATO and the United Nations, both within the United States and overseas. G4S Government Solutions operates sensitive Government contracts requiring high level security clearances and is therefore managed under a proxy board structure in order to comply with US national security regulations. The company believes that an alternative parent would be able to create or add more value to the business than G4S. As a non-US parent, with restricted access to important commercial data, our ability to manage the business and share best practice is severely limited. In 2012, G4S Government Solutions, Inc. had annual revenues of around £400 million. G4S will retain its highly-regarded US commercial security business which provides a broad range of security services and technology to commercial companies and Government departments at a Federal, State and local level, where high level security clearances are not required. The revenues of this business, combined with G4S' other ongoing US operations totalled around £1.2 billion in 2012. Houlihan Lokey has been appointed to manage the divestment process and it is expected that the transaction will be completed within the next six months, subject to all necessary approvals. Enquiries: Helen Parris +44 (0) 1293 554400 Director of Investor Relations Media enquiries: Adam Mynott +44 (0) 1293 554400 Director of Media Relations Notes to editors: About G4S Government Solutions, Inc.: G4S Government Solutions, Inc. provides a range of security and related services to the US Government and international organisations, many of which are classified in nature and require high level security clearances to operate. Due to G4S plc being a non-US parent, the company is operated under a proxy board structure to comply with US national security regulations on foreign ownership, control and influence (FOCI), which limits G4S' management oversight of the business. About G4S: G4S is the world's leading secure outsourcing group, specialising in outsourcing of business processes in sectors where security and safety risks are considered a strategic threat. G4S is the largest employer quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. G4S has operations in more than 125 countries and over 620,000 employees. For more information on G4S, visit www.g4s.com ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: G4S plc UK DK via Thomson Reuters ONE HUG#1683068
G4S plc UK DK : G4S plc UK DK : Disposal
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