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SoftBank Group is in early talks to acquire U.S. security provider Allied Universal for a potential $18 billion valuation. The deal excludes debt and remains unconfirmed, though SoftBank CEO Masayoshi Son aims to expand into AI and robotics. Allied Universal generates $23 billion in annual revenue across 100 countries.
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Summary by ByteBrief

SoftBank in talks to buy US security group Allied Universal
SoftBank Weighs $18 Billion Allied Universal Deal

Sources: SoftBank is seeking to raise up to $100B from Gulf investors for a fund to buy companies and improve their operations with AI and other advanced tech (Financial Times)