G4S rumoured to be in line for GBP 3-per-share bid
G4S [LON:GFS], the UK-based security and services company, is rumoured to be on the radar of private-equity companies considering bids pitched at 300p per share, The Independent reported.
The newspaper's market report pointed out that G4S shares are currently trading at 219.5p, following a slight increase yesterday [22 December], but the stock was worth more than 300p per share earlier this year.
G4S has a market capitalisation of GBP 3.35bn (USD 4.97bn).
The original report appeared in print, page 52
Independent