Deals
G4S Nearing $5.2 Billion Takeover by Allied Universal Security
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British security firm G4S Plc is headed for a 3.8 billion-pound ($5.2 billion) takeover by Allied Universal Security Services LLC after the closely held U.S. company prevailed over a rival suitor.
Allied declared its 245 pence tender offer final and lowered the minimum threshold for shareholders getting on board to 75% from 90%, according to a statement Tuesday. G4S said separately that its board unanimously recommends that shareholders accept Allied’s offer.