Allied Universal Finally Seals $5.3B Deal for G4S
G4S shareholders approved Allied Universal’s final takeover bid in a deal that will create the world’s largest private security firm.
G4S shareholders approved Allied Universal’s final takeover bid in a deal that will create the world’s largest private security firm.
An offer from Allied Universal to take over security firm G4S has been given an imminent deadline of March 16 at 1 p.m. London time.
The private-equity led bids for G4S has raised concerns that it could harm working conditions for security guards worldwide.
Combining G4S and Allied will create a global security company with about $18 billion of annual revenue and a workforce of more than 750,000.
G4S first announced Oct. 9 it had received an expression of interest from Allied Universal for a possible offer for the company.
The 20th annual SES attracted end users, consultants and systems integrators for a weekend agenda of activities intended to develop relationships.
The G4S risk-based approach via a security risk management model is said to minimize threats by addressing risks in proportion to their size and complexity.
G4S was presented the award by American Veterans (AMVETS) during a recent ceremony in Orlando, Fla.
Omar Mateen had listed the wrong name for the psychologist who evaluated a mandatory test to determine if he should be authorized to carry a firearm.
The major security company says the decision was only for “commercial reasons,” however a boycott campaign is taking credit for the news.
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