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SoftBank weighs $18 billion acquisition of Allied Universal, source says - Reuters

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In short

SoftBank is reportedly considering a $18 billion acquisition of Allied Universal, a move that could reshape the security and technology sectors. The acquisition, if finalized, would be the largest in SoftBank's history.

Key points

  • SoftBank is expanding its portfolio to include Allied Universal.: SoftBank is expanding its portfolio to include Allied Universal.
  • The acquisition could be a strategic move to strengthen SoftBank's market position.: The acquisition could be a strategic move to strengthen SoftBank's market position.
  • The $18 billion valuation is a significant investment for SoftBank.: The $18 billion valuation is a significant investment for SoftBank.

SoftBank weighs $18 billion acquisition of Allied Universal, source says    Reuters

Original source: news.google.com

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