(Reuters) - LONDON, March 30 - U.S. conglomerate United Technologies Corp. is to buy the electronic security division of British services group Rentokil Initial for 595 million pounds , the two firms said.
UTC, based in Hartford, Connecticut, also said on Friday it planned to sell its low-technology manned guarding business in Australia and the UK in a move to reposition itself towards the high-tech and higher margin areas of guarding.
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