Carlyle To Pay $1.93B For South Korea's ADT Security
The deal — which comprises Security Services Korea Co. Ltd. and its subsidiaries, ADT Caps Co. Ltd., Capstec Co. Ltd. and ADT Security Co. — is South Korea's biggest since 2008, according Carlyle Group. The asset manager is financing the buy with debt from several Korean banks and equity from its Partners funds.
“ADT Korea is...
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