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Dagens Industri, a business daily in Sweden, recently reported that Securitas AB was "ripe to be bought up," given its current valuation, good cash flow and healthy dividends. The article speculates that its two biggest owners, Gustaf Douglas and Melker Schorling, are best placed to make such a move since together they hold over 40% of the voting rights in Securitas. The article further speculates that Securitas would be an attractive target for private equity firms.



Photo: Securitas India webpage

Harsh Wardhan quits Walson Securitas



SECTION: CORPORATE ANNOUNCEMENT



NEW DELHI: Harsh Wardhan, President and CEO, has left Walson Securitas, part of Securitas AB, world's leading manned security service provider company.

Harsh had joined the Group in April 2009 to launch the 'Securitas' brand in India. Under his leadership, the Walson Securitas Group saw more than 150% growth in a short span of 2 years.

He was formerly CEO of G4S in India for over seven years and built the largest and the fastest growing company in the security industry in India with 120,000 personnel. Harsh is India's well recognized and acknowledged security management professional.

NORDIC STOCKS - Factors to watch on Aug 26



STOCKHOLM | Fri Aug 26, 2011 2:39am EDT

Aug 26 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Friday:



SECURITAS (SECUb.ST)

The security firm, trading at historic lows this month, is ripe to be bought up, business daily Dagens Industri wrote in an analysis. It picked Securitas' two biggest owners - Gustaf Douglas and Melker Schorling, as best placed to make such a move. Together, the two investors hold over 40 percent of the voting rights in Securitas.

Dagens Industri said Securitas' low current valuation, good cash flow and healthy dividend made it an attractive candidate for private e quity firms.

"If they (Douglas and Schorling) don't take Securitas, it is not impossible someone else will," the paper quoted an unnamed banking source saying.