G4S says investors ‘positive’ on ISS deal

SECURITY firm G4S claimed it had received “positive” feedback from shareholders over its proposed £5.2 billion bid for Danish cleaning provider ISS and chief executive Nick Buckles expressed surprise over the fall in the company’s share price.

But the company yesterday admitted it had not held meetings with Institutional Shareholder Services, a body that represents 1,700 investment firms and which has been a harsh critic of the takeover bid.