Termination of G4S’s proposed acquisition of ISS
Categories: Business Services, Private Equity News, Sweden, United Kingdom
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