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ALEX BRUMMER: Everyone a loser in battle for G4S

Almost everyone is a loser from the bitterly-fought battle for control of UK-quoted security group G4S. If investors approve the £3.8billion offer from private equity-backed Allied Universal, then command and control of the world s largest security company, employing 530,000 people, would pass to the Pennsylvania firm. G4S is not a much-loved company. Well-documented staffing and training difficulties were the nearest the London Olympics in 2012 came to meltdown. Under the microscope: G4S has been involved in a series of scandals ranging from losing the Birmingham prison contract to scandalous overbilling for electronic tagging It has been involved in a series of scandals ranging from losing the Birmingham prison contract, after violent eruptions, to scandalous overbilling for electronic tagging.

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Timeline: Battle for the security specialist - A look at G4S' long history

Allied Universal made the highest bid in an auction for Britain's G4S, defeating a final bid from Canada's GardaWorld after a months-long battle for the security specialist.

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G4S looks set to fall into American hands - with payouts for bosses

G4S looks set to fall into American hands - with payouts for bosses
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ALEX BRUMMER: Everyone a loser in battle for G4S

ALEX BRUMMER: Everyone a loser in battle for G4S
thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.

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G4S Plc Issues Trading Update

CRAWLEY (dpa-AFX) - G4S plc (GFSZY.PK, GFS.L) said that the Group's continuing businesses have maintained their resilience through the balance of the year and delivered a strong underlying performance

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