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Investegate |G4S PLC Announcements | G4S PLC: Offer Update and Notification of Board Changes
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G4S (LSE:GFS) | RNS | Allied Universal Sec - Compulsory Acquisition of G4S Shares
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Offer from Allied Universal Unconditional as to Acceptances
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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.
Allied Universal Recommended Cash Offer for G4S plc Update
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