Security contractor G4S to sell most of cash ops to Brinks in £727 million deal

(Reuters) - G4S said on Wednesday it would sell majority of its cash handling businesses to U.S. peer Brinks for 727 million pounds ($944.66 million) including debt, as the British security contractor looks to focus on its core operations.London-listed G4S, which had been reviewing options for its cash solutions business, said it would use part of the proceeds from the deal to cut down debt, adding it expects to get about three quarters of the proceeds in the first half of the year.Shares of..