Linklaters has advised G4S plc on its Cash Separation strategic review and the sale of the majority of its conventional cash handling businesses to The Brink’s Company. Under the agreement, G4S will receive net cash proceeds of approximately £670 million and assign around £60 million of net liabilities to Brink’s.
The transaction represents an important milestone for G4S in the execution of its strategy to focus on the growth of its core integrated security solutions business and to develop further its payment and cash technology business. G4S will retain its UK cash solutions business.
The Linklaters team advising on the deal was led by corporate partners Aedamar Comiskey and Kanyaka Ramamurthi and managing associate Michael Fanner.
Linklaters M&A specialists are involved in significant national and international cross-border transactions, including private and public takeovers, restructurings and complex corporate law matters. The firm leads UK, European and global M&A league tables.
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