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SoftBank weighs $18 billion acquisition of Allied Universal, Bloomberg News reports

World 1 source 1 country 🔦 Under-reported 38m ago

SoftBank Group is reportedly considering an acquisition of the security firm Allied Universal in a deal valued at approximately $18 billion. The potential transaction would represent a significant expansion for the Japanese conglomerate, which has been actively seeking new investment opportunities in the global market.

Allied Universal, a major provider of security and facility services, has become a target as SoftBank evaluates its portfolio strategy. While the report indicates that deliberations are underway, no formal agreement has been reached, and the terms of the potential acquisition remain subject to change.

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