Canadian security firm GardaWorld raises G4S takeover offer to £3.7bn
Investors have two weeks to decide whether to accept final offer of 235p a share in cashA Canadian security firm has increased its takeover offer for the UK outsourcing group G4S to £3.68bn in a final bid for its larger rival.GardaWorld said it would pay 235p a share in cash, up 24% from its previous 190p-a-share offer, which would value G4S at £3bn. The Canadian firm has also reached a deal with G4S pension trustees on a £770m funding package for the pension scheme.