G4S plc (“G4S”) announces that G4S and FS Invest II S.àr.l. (“FS Invest”) have agreed to terminate the share purchase agreement (“SPA”) pursuant to which G4S was to acquire ISS A/S (“ISS”) from FS Invest (the “Acquisition”). Accordingly, the board of directors of G4S (the “Board”) will not put any resolutions to the shareholder meeting convened for 2 November 2011 and will not be proceeding with the rights issue or other financing required for the Acquisition.
Related Links:
- Press Release
Acquisition of ISS Not To Proceed
Termination of G4S’s proposed acquisition of ISS - Investor:
EQT
GS Capital Partners - Target:
ISS
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