THE FINANCIALS OF THE BIDDING WAR AT G4S

By: Anrike Visser / Myanmar


This article was first published on globalgroundmedia.com / 07-01-2021


G4S has been subject to an intense takeover bid process in the last few months. It started in October with a hostile takeover bid from GardaWorld of GB£ 3 billion (about US$ 3.9 billion) for G4S, a private security firm, which was later raised to a final bid of GB£ 3.68 billion.

Allied Universal joined the bidding war with its latest offer of GB£ 3.8 billion, to which the G4S management was more susceptible. Within hours, GardaWorld said it was considering raising its bid, and their final bid turned out to not be final after all.

Read the article on globalgroundmedia.com