Investors shun Canadian predator Garda World’s £3bn bid for G4S forcing it to extend the deadline By Daily Mail City & Finance Reporter Published: 21:50 GMT, 9 November 2020 | Updated: 22:19 GMT, 9 November 2020 Garda World has been forced to extend the deadline for its G4S bid by three weeks Garda World was … Read more
G4S steps up fight against rival’s hostile takeover by promising to deliver £1bn of free cash flow in next five years By Daily Mail City & Finance Published: 22:28 GMT, 29 October 2020 | Updated: 22:28 GMT, 29 October 2020 G4S stepped up its fight against a Canadian rival’s hostile takeover by yesterday promising to … Read more
G4S seeks new chairman as Canadian suitor gears up for bidding war with US rival By Tom Witherow For The Daily Mail Published: 22:13 BST, 20 October 2020 | Updated: 22:43 BST, 20 October 2020 Takeover target G4S has kicked off the search for a new chairman. The British security firm is looking for someone … Read more
Security firm G4S urges shareholders to block hostile takeover by rival Garda World after its bid was published By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 October 2020 | Updated: 21:59 BST, 18 October 2020 Security firm G4S has urged shareholders to block a hostile takeover by Canadian rival Garda World after … Read more
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 ‘misleading’ claims over its cash pile and pension scheme 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 the … 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