PE-backed GardaWorld offers to buy G4S for $3.8bn: Reuters

Montreal-based GardaWorld, which is owned by BC Partners, has offered to buy British rival G4S GFS.L for about 2.95 billion pounds (US$3.80 billion), reported Reuters.

Montreal-based GardaWorld, which is owned by BC Partners, has offered to buy British rival G4S GFS.L for about 2.95 billion pounds (US$3.80 billion), reported Reuters. The consideration under any deal would be financed by third-party debt and additional equity from BC Partners, the report said. GardaWorld is a security and cash services company.

Source: Reuters