A visitor to the Olympic Park reads a 4GS notice stuck to a window at the Aquatics centre, in the Olympic Park, in Stratford, east London, July 17, 2012. REUTERS/Andrew Winning
LONDON: British security company G4S on Sunday recommended its investors reject the hostile takeover offer sent to shareholders by Canadian rival GardaWorld the previous day.
The offer document details a cash bid at 190 pence per share, unchanged from when GardaWorld announced its intentions on Sept. 14, prompting repeated rejections by G4S, one of the world's largest private security companies.
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