initial public offerings (IPOs) trading on American exchanges

Saturday, July 22, 2017

Apollo Global Preparing IPO for 2017 ADT

  • Offering could value home-security company at more than $15 billion
  • Apollo purchased Protection 1 and ASG Security in 2015, combined them, and then used that company to acquire ADT for about $7B last year.
  • ADT did an $800M dividend recap in February.

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