GMB Security - View Image

G4S reportedly in talks with prison firm

G4S is looking to reacquire prison firm Global Solutions in a deal worth around £350m, The Telegraph has reported.

The security giant is thought to be among several companies bidding for Global Solutions, which operates in a number of Britain’s prisons and police custody areas.

Private equity firm Cognetas appointed investment bank UBS to carry out a strategic review of the company earlier this year but, according to The Telegraph, the credit crunch forced delays.

Cognetas acquired Global Solutions from the Danish wing of G4S – Group 4 Falk – three years ago.

Nobody from G4S was available for comment.

Suffered an attack at work?

Tell GMB about the attack you suffered at work.

Complete the case study
here.

Also dont forget to report the incident to the police!