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G4S losses over London 2012 contract

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Just back in August 2012, G4S Plc informed that the contract for the London Olympic Games had a negative impact on the company’s profit. G4S, the world’s largest security company, also estimated that its Olympic failure would cost as much as £50 million. On the 12th of February, G4S informed, however, that losses over London 2012 contract would amount to £88 million, much more than initially estimated.

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