Battle between Garda and Caisse over bids for G4S gets nasty with legal threat
|Toronto Star 18 Nov 2020 at 05:27|
MONTREAL - A battle between Garda World and Quebec’s largest pension fund manager over each group’s efforts to acquire the world’s leading security firm has escalated with the filing of a legal threat.
Garda World’s founder and CEO, Stephane Cretier, says he received a formal legal notice from the Caisse de depot et placement du Quebec a day after he was interviewed by Radio-Canada.
In a news release, the businessman denounced intimidation from the large financial institution, saying the Caisse belongs to all Quebecers.