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G4S falls on slowing growth fears

Shares in outsourcing group G4S are up by about 40% this year, but its interim numbers have sent its shares sharply lower. The market is concerned about a slowdown of growth in emerging markets.

Outsourcer G4S has staged a remarkable recovery since it achieved notoriety following its controversial handling of security for the 2012 Summer Olympics in London. The military was forced to step in to ensure the games were a success, a debacle that was followed by a prisoner tagging scandal where the company billed the government for electronically monitoring offenders who were either back in prison, overseas or even dead.

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