QinetiQ Completes Sale of US Services' Access Control and Security Operations BusinessQinetiQ Group plc announces today that on 8 October 2010 it completed the disposal of S&IS - a non-core security operations and access control business within QinetiQ's US Services operation - to ManTech International Corporation.
The total consideration was $60 million, payable in cash, which will generate approximately $40 million of net proceeds after tax.
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : QinetiQ Group plc (LSE: QQ.L)