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Security contractor G4S to sell most of cash ops for about $945 million to Brinks

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Feb 26 (Reuters) - Britain's G4S said on Wednesday it has agreed to sell majority of its cash handling businesses to U.S. peer Brinks for 727 million pounds ($944.66 million) including debt, as the company focuses on its mainstay security operations.

The British security contractor, which had been reviewing its cash solutions business, said https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/GFS/14438611.html it would use part of the proceeds from the deal to cut down its debt. ($1 = 0.7696 pounds) (Reporting by Pushkala Aripaka in Bengaluru; Editing by Shinjini Ganguli)