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G4S urges shareholders to accept Allied deal

UK private security group G4S has today urged shareholders to accept Allied Universal's £3.8 billion final offer after the end of the US bidder's drawn-out takeover battle with Canada's GardaWorld.

Business • 23 Feb 21

Shares of G4S have surged more than 80% since GardaWorld first made its offer public in September

Allied Universal wins G4S auction with £3.8 billion bid

Allied Universal made the highest bid in an auction for Britain's G4S, defeating a sweetened final bid from Canada's GardaWorld after a months-long battle for the security specialist.

Business • 22 Feb 21

G4S is one of the world's largest private security companies

G4S backs £3.8 billion Allied deal after bid battle

Security group G4S has agreed to be bought out by Allied Universal for £3.8 billion, picking the US company over Canadian rival GardaWorld and potentially ending a tense, months-long bidding war.

Business • 09 Dec 20

G4S has in recent weeks repeatedly rejected a hostile takeover attempt by Canada's GardaWorld

Interest from Allied Universal Security Services in G4S

G4S said today that US-based Allied Universal Security Services has expressed interest regarding a possible offer for the British company.

Business • 09 Oct 20

Shares in G4S surged in early trading after the prospective bidder confirmed the move

Canada's GardaWorld tables £3 billion bid for G4S

Canadian firm GardaWorld said it has bid almost £3 billion to take control of UK security giant G4S.

Business • 14 Sep 20

G4S employs security guards and provides security camera installations and scanners in airports and other places

G4S says lockdown easing boosts security demand

Security contractor G4S has beaten first-half profit expectations and said it expects increased demand for thermal cameras and screening personnel as companies reopen after lockdowns.

Business • 23 Jul 20

G4S said it has cut back operations in high risk areas to mitigate the spread of the coronavirus

G4S slumps to annual loss after £291m charge

Britain's G4S, one of the world's largest private security firms, has today reported an annual statutory loss after taking a £291m charge chiefly related to its UK cash business.

Business • 11 Mar 20

Garda said over the weekend that it did not intend to make an offer for G4S

Security firm G4S falls as Canadian rival drops offer

Shares of G4S fell as much as 9% today after Canadian rival Garda World Security dropped its potential bid for the British security services company over the weekend.

Business • 07 May 19

G4S, the world's largest listed security company, has been working to rebuild its reputation after a series of scandals

G4S's first-quarter revenue rises, review on track

Britain's G4S, which has been subject to takeover interest from Canada's Garda World Security, said today it had made good progress in a review to separate its cash business and reported higher first-quarter revenue.

Business • 16 Apr 19

Omar Mateen had been employed by security firm G4S since 2007

G4S shares plunge after Orlando shooting spree

Shares in London-listed security firm G4S tumbled by as much as 8% today amid revelations that the Florida nightclub shooter worked for the security firm.

Business • 13 Jun 16

The ECB had been approving emergency funding for Greece on a weekly basis but is now meeting almost daily

ECB raises emergency funding for Greek banks again

The ECB raised the ceiling on emergency liquidity Greek banks can draw from the country's central bank for a second time in two days today, a banking source told Reuters.

Business • 23 Jun 15

G4S is undergoing a restructuring after a run of major contract problems hit its profits and reputation

G4S profits rise but UK contract problems remain

G4S said it would increase provisions for under-performing UK government contracts by £45m as it posted a better than expected rise in 2014 profit.

Business • 10 Mar 15

UK's G4S reports strong demand in emerging markets

G4S H1 profit rises on emerging markets demand

Britain's G4S, the world's biggest security group, today posted a better than expected rise in first-half operating profit.

Business • 13 Aug 14

The UK group is in the middle of overhauling its sprawling 125-country business

Emerging markets growth helps boost G4S

G4S, the world's biggest security firm, said strong demand across its emerging markets regions helped group revenue rise 4.8% in its first-quarter.

Business • 07 May 14

G4S posts annual profits below market forecasts

G4S to repay UK government £109m

G4S has agreed to repay £108.9m plus tax to the British government after overcharging it on a contract to tag offenders.

Business • 12 Mar 14

G4S has suffered a number of set-backs, including a botched security contract for the 2012 Olympic Games

G4S to raise £600m by selling shares and assets

G4S, the world's largest security services firm, plans to raise about £600 million by selling shares and assets as its new boss seeks to restore its battered reputation.

Business • 28 Aug 13

G4S agrees £70m loss on Olympics contract

G4S profit up 6% despite Olympic woes

Security group G4S today posted a 6% rise in annual profit, as emerging markets growth helped soften the blow of an Olympics staffing blunder that rocked the British firm in 2012.

Business • 13 Mar 13