BRIEF-Qinetiq to sell US services division for up to $215 mln

LONDON, April 22 Tue Apr 22, 2014 2:23am EDT

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LONDON, April 22 (Reuters) - Qinetiq Group Plc

* Proposed disposal of us services division

* To sell us services division to si organization, inc. For initial cash us$165 million plus potential earnout of up to us$50 million

* Proposed return of capital to shareholders of £150 million by way of a share buyback Source text for Eikon: Further company coverage:

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