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Review of Separation Options for G4S Cash Solutions
The Board of G4S is today announcing that it is reviewing options for the separation of the Group’s Cash Solutions businesses from the Group, following the establishment of the Global Cash Solutions division on 1 January 2018.

Since 2013, G4S’s portfolio management programme has created a focused Group with two principal business segments: Secure Solutions and Cash Solutions. The Board believes that a separation of Cash Solutions has the clear potential to enhance the focus and success of both businesses and thus to unlock substantial shareholder value.

The review of separation options has commenced and is expected to be completed during 2019. An update will be provided with the Group’s full year results in March 2019.

HSBC today reaffirms its hold investment rating on G4S PLC (LON:GFS) and cut its price target to 220p (from 245p).