This week’s deal of the week is a rumored buyout by Charterhouse Capital Partners of London of a unit of G4S Plc for GBP 1 billion-pound (USD 1.6 billion), according to Bloomberg as reported by BW. G4S is a large security services and outsourcing company.
The unit in question is a cash-solutions business that includes ATM banking machines. According to the report, G4S, based in Crawley, England, has not entered formal discussions with Charterhouse or mandated an external adviser for the unit. Other PE firms are also said to be circling the deal.