GardaWorld has extended its offer for the security and guarding group G4S PLC (LON:GFS) until 16 March 2021, the final deadline for acceptances of its offer.
Canada-based Gardaworld’s 235p per share bid has been trumped by a rival offer from US firm Allied Universal worth 245p per share with that higher bid also recommended by the board of G4S.
Acceptances for Gardaworld’s offer were just 0.06% at the last closing date, with a further 1.55% held by subsidiary Fleming.