Disposal of Securicor Luxembourg and Group 4 Falck Scotland
These two disposals reflect undertakings given to the European Commission by Securicor and Group 4 Falck that they would divest the above two businesses, as well as the manned security business of Falck Security in the Netherlands, as conditions for receipt from the Commission of approval for their merger.
The two businesses were treated as if discontinued in the interim results of Group 4 Securicor published on 22 September 2004 and their disposal will have no material impact on the group.
The agreements with Brink’s are subject to customary closing conditions, as well as to review and approval by the European Commission.
The Netherlands business referred to above will be sold separately in due course.