(RTTNews) – Garda World Security Corp. , which was introduced to gain corporate security G4S plc (GFSZY. PK, GFS. L), said Thursday that festival regulators in Canada and the United States had paved the way for the GardaWorld and G4S mix to continue.
Regulators have allowed applicable waiting periods to expire further investigation or corrective action.
As a component of GardaWorld’s public procurement offering, its Fleming Capital Securities, Inc. unit, GardaWorld has filed deposits at various festival regulators around the world.
GardaWorld stated that it had held constructive discussions with regulatory authorities.
Last October, the G4S Board of Directors unanimously rejected a 190p purchase offer through GardaWorld, calling it inadequate. The board also suggested that its shareholders reject the be offer, noting that the timing of the be offer is highly opportunistic and particularly undervalues the company.
GardaWorld is September 30