G4S pulls plug on Trojan Security purchase
G4S, the security firm, has once again pulled out of an attempt to buy out another company, though this one is on a much smaller scale than its aborted bid for ISS last year.
G4S, the security firm, has once again pulled out of an attempt to buy out another company, though this one is on a much smaller scale than its aborted bid for ISS last year.
This time G4S has taken a step back from buying Trojan Security Services, the third largest security services provider in Botswana. The group announced the proposed £1.3m acquisition at the end of 2011, when it looked like a done deal; that, apparently is not the case, although G4S said that negotiations are still continuing.
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