Allied Universal won a months-long takeover battle for Britain's G4S, the world's largest private security firm, on Monday after going head-to-head in an auction with Canadian rival GardaWorld.
Allied Universal emerges as the higher bidder for Britain’s G4S after Montreal-based GardaWorld said it wouldn’t increase its existing $6.5-billion bid
Allied Universal made the highest bid in an auction for Britain's G4S, defeating a sweetened final bid from Canada's GardaWorld after a months-long battle for the security specialist.
Allied Universal won a months-long takeover battle for Britain's G4S, the world's largest private security firm, on Monday after going head-to-head in an auction with Canadian rival GardaWorld.