G4S finally finds Polish exit door

published 4 September 2012

Security outsourcing group G4S has finally completed the disposal of its Polish businesses, first announced towards the end of April.

Polish security firm Konsalnet Holding is buying the operations for a cash consideration of PLN 43m, which at exchange rates prevailing at the beginning of September was about £8.11m. Back when the announcement was first made, the sterling equivalent for the consideration was £8.47m.