Security Group G4S Sells Israeli Operations For £88M
Security group G4S has reached a deal to sell its controversial Israeli operations to a local private equity fund for £88 million.
Security group G4S has reached a deal to sell its controversial Israeli operations to a local private equity fund for £88 million.
British global security firm G4S announced it is selling its business in Israel for “commercial reasons” and not because of a boycott movement against Israel.
The private security giant G4S has warned its shareholders that it may lose £57m if the Home Office extends its contract to house destitute asylum seekers for a further two years.