EQT Launches $3B Securitas Sale

Swedish private equity firm, EQT Partners, has initiated the sale of burglar-alarm company, Securitas Direct.

Swedish private equity firm, EQT Partners, has initiated the sale of burglar-alarm company, Securitas Direct, Reuters reports. The seller is hoping to raise as much as $3.26 billion from the sale.Potential buyer may include both rival private equity investors and companies with fire and security alarm operations, such as Stanley Black & Decker and United Technologies. Bidders must submit indicative offers in May.

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