From TokenPost · · 40s
SoftBank Weighs Allied Universal Deal
SoftBank may acquire Allied Universal for up to $18 billion in equity value.
In brief
SoftBank may acquire Allied Universal for up to $18 billion in equity value. SoftBank is considering a potential $18 billion equity deal with Allied Universal, the largest U.S. security firm. Originally reported by TokenPost.
SoftBank Group Corp
SoftBank Group Corp is weighing a possible acquisition of Allied Universal, the largest security services firm in the United States.
Equity Value
The transaction could carry an equity value of up to $18 billion, but it is not a confirmed bid.
Market Reaction
SoftBank's U.S.-traded depositary receipts were down 9.5% during trading on Oct. 16.
The short version
SoftBank is considering a potential $18 billion equity deal with Allied Universal, the largest U.S. security firm.
