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0 0 0.00115034192678752 0.000162318185988385 -0.000684559306125101 0.00138605616209243 0.000303464434674032 -0.00315461865812263
Stock impact report

UPDATE 2-Security giant G4S to separate cash business, shares jump [Reuters]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: Reuters
UPDATE 2-Security giant G4S to separate cash business, shares jump | Reuters 3 Min Read * Plans include possible listing of physical cash business * May be worth up to 1.8 bln pounds, analysts say * Security services provide three-quarters of G4S group revenues (Adds valuation details, context) By Elisabeth O’Leary EDINBURGH, Dec 13 (Reuters) - G4S plans to separate its 1.2 billion pound ($1.5 billion) a year cash business, it said on Thursday, sending shares in the world’s biggest security company 8 percent higher. The cash business includes Cash 360 machines operated by retailers as well as a cash transport business and employs roughly 30,000 staff. “This is a review of separation options, to create two strong independent businesses that can concentrate on their customers and markets,” CEO Ashley Almanza told reporters. “The sort of things we will look at will be demerger or IPO (initial public offering),” Almanza said. G4S’s cash business achieved a gross profit of 160 million poun Show less Read more
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