A G4S security van sits outside a building in Loughborough, England, on Aug. 28, 2013.Darren Staples/Reuters
G4S Plc said on Friday U.S.-based Allied Universal Security Services has expressed interest regarding a possible offer for the British company, which in recent weeks has repeatedly rejected a hostile takeover attempt by Canada’s GardaWorld.
London-listed G4S, one of the world’s largest private security companies, reiterated that shareholders were strongly advised to reject private-equity-backed GardaWorld’s 190 pence-per-share ($3.25) offer valuing it at £2.97-billion ($5-billion).
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