Lates News

SoftBank Group is considering acquiring Allied Universal, the largest security services company in the United States, according to people familiar with the matter. A potential deal could value the company's equity at up to $18 billion, and including about $12 billion in debt, the total transaction value could approach $30 billion. After the news emerged, SoftBank's ADR fell by nearly 8% at one point. SoftBank founder Masayoshi Son hopes to use this to promote the application of AI robots in industries such as security, and may in the future replace some human security positions with robots. The discussions are still at an preliminary stage, and no final decision has been made.