Freshfields Bruckhaus Deringer, Kirkland & Ellis, Cleary Gottlieb Steen & Hamilton and Linklaters are all acting on a multi-billion pound deal which will see U.S. security group Allied Universal acquire UK rival G4S. 

The recommended cash offer by Allied Universal of 245 pence per share, announced on the London Stock Exchange on Tuesday, values G4S at £3.8 billion ($5.0 billion).