(Sharecast News) - Allied Universal said its offer for rival G4S had become final after Canada's GardaWorld on Monday declared it would not raise its own bid for the UK security firm.
The US firm said its recommended cash offer of 245p a share valued G4S at approximately £3.8bn.
Allied added that it was waiving down the acceptance condition to 75% from 90% "providing significantly increased deal certainty for G4S shareholders".
It added that it has obtained "substantially all of the required antitrust and regulatory approvals and foreign direct investment clearances in applicable jurisdictions".
25 Nov 2020 08:08
G4S to resume divi payments in 2021; Rejects GardaWorld bid again
(Sharecast News) - Private security firm G4S, currently fending off a £3bn takeover bid from smaller rival GardaWorld, said it planned to resume dividend payments next year and urged shareholders once again to reject overtures from its unwanted suitor.
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