SoftBank is said to weigh buying top U.S. security firm allied
The potential transaction may give closely held Allied an equity value of as much as $18 billion.
SoftBank Group is reportedly mulling a potential acquisition of Allied Universal, the top security services firm in the United States, according to sources familiar with the situation. The company, founded by Masayoshi Son, is exploring opportunities to incorporate AI-powered robotics into various industries. The proposed deal could elevate Allied Universal's equity value to around $18 billion, suggested some sources who wished to remain anonymous due to the confidential nature of the discussions.
Allied Universal's investors comprise a private equity firm, Warburg Pincus, and a Canadian pension fund, La Caisse. The security provider also carries approximately $12 billion in publicly traded debt, encompassing loans and bonds, as per data from Bloomberg. This could result in a total deal value nearing $30 billion.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
