Announced
Completed
Warburg Pincus and CDPQ-backed Allied Universal completed the acquisition of G4S for $5.3bn.
Financials
Sources
RNS Announcement
GardaWorld -
RNS Announcement
G4S -
RNS Announcement
G4S -
RNS Cash Offer
GardaWorld -
RNS Statement
G4S -
RNS Announcement
GardaWorld -
Response to Publication of GardaWorld Offer Document
G4S -
Publication of Offer Document
GardaWorld -
Press Release
G4S -
RNS Announcement
G4S -
RNS Announcement
GardaWorld -
Extension of Cash Offer
GardaWorld -
RNS Announcement
G4S -
RNS Announcement
GardaWorld -
RNS Announcement
G4S -
Perss Release
G4S -
Press Release
G4S -
RNS Announcement
G4S -
RNS Announcement
Allied Universal -
RNS Announcement
GardaWorld -
Extension of Cash Offer
G4S -
RNS Announcement
Allied Universal -
RNS Announcement
Allied Universal -
RNS Announcement
GardaWorld -
RNS Announcement
G4S -
RNS Announcement
G4S -
RNS Announcement
Allied Universal -
RNS Announcement
GardaWorld -
Press Release
G4S -
RNS Announcement
Allied Universal -
RNS Announcement
GardaWorld -
RNS Announcement
Allied Universal -
Press Release
GardaWorld -
RNS Announcement
G4S -
RNS Announcement
GardaWorld -
RNS Announcement
Allied Universal -
RNS Announcemenet
Allied Universal -
RNS Announcement
G4S -
RNS Announcement
GardaWorld -
Press Release
Allied Universal -
RNS Announcement
Allied Universal -
Press Release
G4S -
RNS Announcement
Allied Universal -
Tags
Majority
security services company
United Kingdom
Cross Border
security services
Acquisition
Public
Private Equity
Security Services
Hostile
Auction
Completed
Synopsis
Warburg Pincus and CDPQ-backed Allied Universal, a provider of security products and services, completed the acquisition of G4S, a British multinational security services company, for $5.3bn. “The G4S Board is confident in the long-term prospects of the business and believes this (agreed) offer represents an excellent opportunity to create a leading global security company,” John Connolly, G4S Chairman. On September 30, 2020, G4S rejected $3.81bn hostile offer from GardaWorld. On November 12, 2020, regulators in Canada and the United States have cleared the way for the combination of GardaWorld and G4S to proceed. On December 2, 2020, GardaWorld increases bid for G4S to $4.9bn. On December 8, 2020, G4S rejected the $4.9bn offer from GardaWorld, opting for Allied's bid. On January 27, 2021, GardaWorld extended its buyout offer period for G4S to February 10. On February 10,2021, Allied Universal extended for a second time its deadline for shareholders of G4S to accept its buyout offer. On February 12,2021, UK takeover regulator to hold auction for G4S. On February 23, 2021, G4S urges shareholders to accept Allied deal. On March 16, 2021, Allied Universal's offer for G4S became unconditional as to acceptances. On April 12, 2021, Allied had received valid acceptances under the offer in respect of a 90.25% stake in G4S.
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