Provider: Thomson Reuters Stock Report
G4S PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
G4S Plc To Sell Businesses, Issue Shares To Reduce Debt-Reuters
Reuters reported that G4S Plc said it would sell businesses and issue new shares to strengthen its balance sheet, allowing its new boss to focus on overhauling the security company and improve its battered reputation. G4S, which has endured an aborted takeover of Danish cleaning firm ISS, a botched contract to staff the 2012 Olympics and a profit warning in May, said it would place 140.9 million new ordinary shares representing up to 9.99% of its existing share capital. G4S said its largest shareholder Invesco supported the placing and intended to participate in it. It said the shares would be issued in an accelerated bookbuild on Wednesday. Citigroup, JP Morgan and Barclays are joint bookrunners for the sale.
Latest Developments for G4S PLC
Latest Key Developments in Business
- Kyushu Leasing Service raises full-year consolidated outlook and expects extraordinary loss for FY 2014
- SFS Holding AG announces date for first trading day on SIX Swiss stock exchange
- Shenzhen Feima International Supply Chain issues FY 2014 H1 net profit outlook
- Xoom Corp gives Q2 2014 guidance in line with analysts' estimates; raises FY 2014 guidance
- Share this
- Digg this