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ADT Announces Sale of Commercial Business for $1.6 Billion

Transaction unlocks substantial shareholder value with sale at significantly accretive multiples Entirety of net proceeds used for debt paydown, resulting in post-divestiture leverage multiples closer to ADT’s stated goal of sub-3.0x net debt / Adjusted EBITDA ADT strengthens focus on innovation and growth in core residential, small business and multifamily consumer markets BOCA RATON, Fla., […] The post ADT Announces Sale of Commercial Business for $1.6 Billion appeared first on ForexTV... Read More

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Announces

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Business

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Posted: Aug 8 2023, 10:55

Author Name: forextv

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