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0 0 0 0 0.0334215295531763 0.0555636185011108 0.0582926154582791 0.0516561910397106
Stock impact report

Brink's to Acquire Majority of G4S Cash Operations for $860 Million

Brinks Company (The) (BCO) 
Last brinks company (the) earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: GlobeNewswire
Core Acquisition Adds 14 New Markets; 2019 Revenue of $800 Million Strategic Fit and Strong Platform for Future GrowthExpected to be Accretive to Non-GAAP Earnings in 2020Management Hosting Conference Call Today at 10:30 a.m. ET RICHMOND, Va., Feb. 26, 2020 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE: BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced that it has agreed to purchase for approximately $860 million (£660 million) the majority of the cash operations of U.K.-based G4S plc (LSE: GFS), a global security and cash management company.The G4S operations to be acquired generated pro forma 2019 revenue of approximately $800 million, operating profit of approximately $85 million and adjusted EBITDA of approximately $115 million. The transaction adds 14 new markets to the existing Brink’s footprint. It excludes the entire G4S Retail Cash Solutions business and cash operations in the U.K., South Africa and severa Show less Read more
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