74.6 F
Laguna Hills
Monday, Mar 16, 2026
-Advertisement-

Allied Universal Gets FTC Nod for G4S

Santa Ana-based Allied Universal Security Services LLC, the largest private security firm in North America, has won U.S. approval for a possible $4.3 billion acquisition of a London-based security firm that would create the world’s sixth-biggest employer.

The Federal Trade Commission, on its website, granted approval to Allied if it should acquire G4S plc.

If the two firms combine, it would result in 773,000 employees, which would be just behind Amazon.com.

G4S on Nov. 3 said Allied’s offer of 210 pence, or $4.3 billion, was too low. Since then, shares of G4S (LON: GFS) have risen to 220 pence, indicating a higher bid may be forthcoming. Today, the shares gained 1% to 220 pence, giving the company a market value of US$4.5 billion.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

  • Unlimited access to OCBJ.com
  • Daily OCBJ Updates delivered via email each weekday morning
  • Journal issues in both print and digital format
  • The annual Book of Lists: industry of Orange County's leading companies
  • Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-