10th Apr 2019 13:13
LONDON (Alliance News) - Canadian security firm Garda World Security Corp on Wednesday confirmed it is considering an offer for UK-listed G4S PLC.
Garda, which trades as GardaWorld, made the announcement following "market speculation", with the Evening Standard reporting Wednesday Garda is planning a bid.
GardaWorld is "in the preliminary stage" of considering an approach to G4S, to be made in cash. It provided no further details.
G4S shares were 31% higher on Wednesday afternoon, at 241.30 pence each.
Related Shares:
GFS.L