10 Major Security Mergers and Acquisitions From 2020

G4S Strikes Deal to Be Acquired by Allied Universal for $5B

G4S reached a deal in December to be acquired by Allied Universal Security Services for $5.1 billion (3.8 billion-pound), after initially rebuffing a takeover bid from Allied Universal in November. G4S first announced Oct. 9 that it had received an expression of interest from privately-held Allied Universal for a possible offer for the company. Canada’s GardaWorld had also put forward an offer of $2.48 (190 pence) a share for the company, which also been rejected. Allied boosted its offer to $3.26 (245 pence) per share, according to an announcement. Read the story.