G4S shareholders accept £3 8bn offer from US giant Allied Universal dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
Notes to Editors
G4S is the leading global security company, specialising in the provision of security services and solutions to customers. Our mission is to create material, sustainable value for our customers and shareholders by being the supply partner of choice in all our markets.
G4S is quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. After taking account of the businesses being sold in the year, G4S is active in more than 80 countries and has around 533,000 employees. For more information on G4S, visit www.g4s.com.
Further Information
The G4S takeover saga finally came to an end on Tuesday after a majority of the security company's shareholders accepted a 3.8 billion pound ($5.28 billion) offer from U.S. rival Allied Universal, snubbing hostile Canadian bidder GardaWorld.
G4S shareholders accept £3.8bn Allied Universal offer
The G4S takeover saga is finally over, with shareholders in the security company accepting Allied Universal s offer.
G4S shareholders have accepted a £3.8bn bid from Allied Universal, bringing to a close a months-long battle between two firms to take control of the FTSE 250 company.
Allied Universal said it had received valid acceptances representing roughly 79 per cent of the G4S share capital. The threshold was 50 per cent plus one G4S share.
“My team and I look forward to working with Allied to support a successful integration of the two businesses,” said G4S chief executive Ashley Almanza.
G4S saga ends as shareholders accept $5 3 billion Allied Universal offer reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.