Cevian Capital Close To Another Activist Win With G4S Sale

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HFA Staff
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G4S plc (LON:GFS) (OTCMKTS:GFSZY) has apparently caught the interest of one buyer who is ready to get on board with the London-based company’s cash services business. Charterhouse Capital Partners, a private equity firm, is getting together the finances for a $1.6 billion offer to buy the G4S unit, which transports cash to ATMs and banks. While neither side has confirmed it, reports from Bloomberg suggest that G4S plc (LON:GFS) (OTCMKTS:GFSZY) is formally aware of the offer but has only discussed it internally so far. In response, the security company is seeing some rare activity, and shares closed up at 3.55 percent…

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