G4S Loses Australia Contract Amid Detention Center Revamp

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G4S Plc, the world’s biggest provider of security services, lost an Australian government contract for an asylum seekers detention center after an investigation found deficient safety arrangements.

Australian rival Transfield Services Ltd. will take over from Crawley, England-based G4S next month to provide security and welfare services at the offshore detention center at Manus Island in Papua New Guinea, according to Immigration Minister Scott Morrison.