dinsdag 1 november 2011

G4S drops the deal with ISS

As some of you might know, I work for ISS, one of the largest facility service companies in the world. And a couple of weeks ago G4S (Britain's largest security firm) announced that they were starting a £5.2bn bid to buy ISS. Today they announced that they are dropping the bid because some shareholders opposed the deal in the current economic climate. They deemed it "too risky". I can only hope G4S will pay ISS a break fee.