Security company G4S gets interest from Allied Universal Security Services

Reuters

Published Oct 09, 2020 08:26AM ET

(Reuters) - G4S Plc (L:GFS) 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 offer valuing it at 2.97 billion pounds ($3.84 billion).