Security firm G4S agrees for Allied Universal takeover

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Security group G4S has agreed to a 245 pence per share takeover offer from U.S.-based Allied Universal, the companies said on Tuesday, days after Canada’s GardaWorld had sweetened its bid to 235 pence per share for the British company.

Allied’s offer values London-listed G4S at about 3.8 billion pounds ($5.08 billion).

Reuters

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