Security group G4S pushes shareholders to accept Allied offer
In 2020, G4S sold most of its cash-handling business to rival Brinks, but held on to the UK operations with attached pension obligations
23 February 2021 - 18:12
Bengaluru — UK private security group G4S on Tuesday urged shareholders to accept Allied Universal’s £3.8bn final offer after the end of the US bidder’s drawn-out takeover battle with Canada’s GardaWorld.
Hostile bidder GardaWorld had called a halt to the contest on Monday by telling the UK’s takeover panel it would not increase its December bid of 235p per share for the world’s largest private security company...
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