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G4S set to go private after completing £3.8bn sale to Allied Universal | 6 April 2021 - Vimarsana News

G4S set to go private after completing £3.8bn sale to Allied Universal | 6 April 2021

6 April 2021 | 08:01am StockMarketWire.com - Security company G4S has completed its £3.8 billion sale to Allied Universal after meeting all of the required offer conditions, including the required antitrust and regulatory approvals. 'This acquisition creates a world leading integrated security company, providing an unrivalled breadth of capability for customers and new opportunities for the company's teams around the world,' Allied said. Following the completion, G4S will cease trading on the London Stock Exchange and become a private company. 'It is anticipated that the cancellation ...

GardaWorld gets more time to secure G4S shareholder backing for takeover deal | 8 March 2021 - Vimarsana News

GardaWorld gets more time to secure G4S shareholder backing for takeover deal | 8 March 2021

8 March 2021 | 08:10am StockMarketWire.com - Security G4S said GardaWorld had received more time to gather the G4S shareholder votes needed to meet a condition to takeover the company following its increased 235 pence takeover offer tabled last month, which was rejected the company. GardaWorld now had until 1.00 p.m. (London time) 16 March 2021 to satisfy the acceptance condition. On 23 February 2021, GardaWorld declared its final 235 pence a share offer for G4S, but the offer was rejected in favour of a rival bid from Allied Universal. G4S had previously said its £3.8 billion takeover ...

FTSE opens 0.9% lower as US bond yields rise | 22 February 2021 - Vimarsana News

FTSE opens 0.9% lower as US bond yields rise | 22 February 2021

22 February 2021 | 08:36am StockMarketWire.com - UK stocks opened lower on Monday as rising US bond yields and inflation fears tempered Covid vaccine optimism. At 0824, the benchmark FTSE 100 index was down 56.45 points, or 0.9%, at 6,567.57. Security group G4S slumped 9.7% to 242.8p after private equity firm GardaWorld said it wouldn't raise its 235p offer for the company, cooling hopes of a bidding war. G4S had rejected GardaWorld's offer in favour of 245p bid from Allied Universal. Pharmaceutical giant AstraZeneca added 0.2% to £72.39 even after it said it was withdrawing a bladder cancer...