BC Partners-backed GardaWorld extends offer for G4S: Reuters

Montreal-based GardaWorld, which last month launched a hostile bid for larger rival G4S, has extended its offer after the British company repeatedly rejected its offers, Reuters reported.

Montreal-based GardaWorld, which last month launched a hostile bid for larger rival G4S, has extended its offer after the British company repeatedly rejected its offers, Reuters reported. The proposal, which values G4S at about US$3.91 billion, will remain open for acceptance until November 28, the report said. GardaWorld, a security and cash services provider, is backed by BC Partners.

Source: Reuters