Leading Security Guard Companies Looking To Buy Each Other

Posted by Jay Bartlett November 3, 2020 10:35 am Categories: Corporate News Tags: acquisition, Allied Universal, G4S, GardaWorld, merger, Security Guards.

UK’s G4S, U.S.’s Allied Universal, and Canada’s GardaWorld are all in negotiations to buy one another. In the estimated US$244-billion global human security guard market, Allied Universal’s approximate US$4-billion acquisition of G4S is being rejected as “inadequate.”

Allied Universal on Oct. 28 tabled a “highly conditional indicative offer” of at least 210 pence per share, subject to due diligence, G4S said in a statement Tuesday. The board rejected the proposal on the grounds it “significantly undervalues G4S and its prospects,” it added, confirming an earlier Bloomberg News report.

0 Comments

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.