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G4S insists it will report increased profits for 2020 despite pandemic as it tries to ward off hostile suitors By Daily Mail City & Finance Reporter Published: 21:54 BST, 14 October 2020 | Updated: 21:54 BST, 14 October 2020 G4S bolstered its defences against suitors from Canada and the US by saying it will report … Read more
Shares in G4S surged after the beleaguered security firm found itself in the middle of a takeover battle. The British company is already fighting off a hostile £2.9billion bid from Canada’s Garda World, which it has branded ‘unattractive and opportunistic’. But yesterday it revealed that US rival Allied Universal Security Services has also approached it … Read more
G4S blasts Garda over ‘misleading’ pension claims: Security firm insists its scheme is well-funded By Tom Witherow For The Daily Mail Published: 21:52 BST, 7 October 2020 | Updated: 21:52 BST, 7 October 2020 Security firm G4S fought back against GardaWorld yesterday, blasting ‘misleading’ pension claims. Garda, which has mounted a hostile bid for G4S, … Read more
Security firm G4S rejects hostile bidder GardaWorld’s claims over its cash pile and pension scheme as ‘misleading’ as takeover battle heats up GardaWorld questioned if G4S had enough cash to pay for litigation and pension G4S rejected the claims and accused GardaWorld of being loss-making It reiterated that the offer of 190p per share undervalued … Read more
G4S suitor in fresh attack on security firm’s board, as it attempts to woo shareholders By Tom Witherow For The Daily Mail Published: 23:12 BST, 6 October 2020 | Updated: 23:34 BST, 6 October 2020 The Canadian security firm mounting a hostile takeover bid for British rival G4S renewed its attack on the board, as … Read more
Canadian predator targeting G4S putting outsourcer’s pension deficit at heart of its fight to seize control GardaWorld has made a formal £3billion hostile takeover bid A source close to the bid said GardaWorld will ‘throw light on the awful performance of G4S By Tom Witherow For The Daily Mail Published: 21:51 BST, 4 October 2020 … Read more
G4S predator riles investors by claiming they need ‘educating’ about the true state of the security firm By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 October 2020 | Updated: 21:51 BST, 2 October 2020 The Canadian predator targeting G4S has riled the British security firm’s shareholders by claiming they need ‘educating’ about … Read more
Show us the money, say G4S investors: Canadians told to raise offer for troubled UK security giant By James Salmon for the Daily Mail Published: 21:53 BST, 1 October 2020 | Updated: 22:06 BST, 1 October 2020 The battle for G4S heated up yesterday as its two biggest shareholders spurned a £3billion hostile takeover bid … Read more
Canadians in £3bn hostile bid for ‘deeply troubled G4S’: Private equity-backed rival claims UK security giant needs new management By James Salmon for the Daily Mail Published: 21:53 BST, 30 September 2020 | Updated: 22:04 BST, 30 September 2020 G4S has come under fire from a Canadian rival mounting a £3billion hostile takeover bid. In … Read more
Canadian group gunning to buy G4S for £3bn asks to meet ministers in effort to win their support for deal By Daily Mail City & Finance Reporter Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 The Canadian group gunning to buy G4S for £3billion has asked to meet ministers in … Read more