Canadian predator targeting G4S putting outsourcer’s pension deficit at heart of its fight to seize control GardaWorld has made a formal £3billion hostile takeover bid A source close to the bid said GardaWorld will ‘throw light on the awful performance of G4S By Tom Witherow For The Daily Mail Published: 21:51 BST, 4 October 2020 … Read more
Canadian group gunning to buy G4S for £3bn asks to meet ministers in effort to win their support for deal By Daily Mail City & Finance Reporter Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 The Canadian group gunning to buy G4S for £3billion has asked to meet ministers in … Read more
Furious G4S fights back over £3bn takeover bid: Canadian rival Garda World swoops on troubled British security giant By James Salmon for the Daily Mail Published: 21:51 BST, 14 September 2020 | Updated: 22:06 BST, 14 September 2020 Scandal-prone G4S has accused a private equity backed Canadian rival of exploiting the coronavirus crisis to mount … Read more
On the day when the future of British technology jewel ARM Holding is on the line, it is hard to get agitated by a Canadian bid for outsourcing group G4S. A succession of scandals since the London Olympics in 2012, when G4S came close to undermining a great celebration of the UK, left its reputation … Read more
Former G4S directors charged with with defrauding the Ministry of Justice in electronic tagging scandal By Daily Mail City & Finance Reporter Published: 22:39 BST, 8 September 2020 | Updated: 23:04 BST, 8 September 2020 Charged: Richard Morris, the former managing director of G4S Care and Justice Services Three former G4S employees have been charged … Read more
Security giant G4S has been ordered to pay £44.4 million to avoid prosecution after ‘very substantially’ overcharging the Government for tagged criminals – including some who had died. The Serious Fraud Office (SFO) and G4S agreed a fine of more than £38.5 million and costs of £5.9 million after a near-decade-long probe found three counts … Read more
MARKET REPORT: Security giant G4S soars 9.3% after it unveils shake-up plans that could see it axe 1,150 jobs By Francesca Washtell For The Daily Mail Published: 21:51 BST, 13 July 2020 | Updated: 21:51 BST, 13 July 2020 Investors piled into G4S after the security giant said profits would trump expectations and unveiled a … Read more
DIRECTORS’ DEALS: G4S boss Ashley Almanza awarded stock worth almost £2.6m By Daily Mail City & Finance Reporter Published: 21:50 BST, 10 April 2020 | Updated: 23:23 BST, 10 April 2020 G4S boss Ashley Almanza has been awarded stock in the security firm worth almost £2.6million at current prices. The 57-year-old South African will be … Read more
Shares in G4S hit a 16-year low after a slew of one-off charges pushed it into the red. The security services giant swung to a loss of £91million in 2019, down from a profit of £81million the year before. Its books were rattled by £291million of impairment charges, mostly relating to its UK cash business, … Read more