Fra Danske Banks hjemmeside:
G4S (OW) has released a short trading update which states that the Groups underlying earnings for the first 8 months of 2020 were ahead of last years level (excluding divested businesses). (No P&L or debt numbers released). In H1 20 the earnings level was in-line with the H1 19 level – hence an improvement y/y in the recent 2 months although levels undisclosed. G4S is doing what they can to support the share price in our view with this statement. Bonds are trading slightly higher than 100 (CoC @100) which we see as fair. We continue to see a high probability that the bid from Garda/BC Partners will go through eventually as we believe the bid level could be increased further due to significant synergies in a potential deal.
