Announced
Financials
Sources
Tags
Acquisition
security alarm monitoring
Single Bidder
Public
personal emergency
Pending
Friendly
Canada
Security Services
Synopsis
BCE Inc. announced it will acquire AlarmForce Industries Inc., a Canadian leader in home security and monitoring services, in a transaction valued at approximately $166 million. "Leveraging Bell's network and service leadership and our place in millions of Canadian homes, we look forward to growing our nascent position in security and automation services to ensure Bell residential customers are at the leading edge of connected home innovation." George Cope, BCE Inc. and Bell Canada President and CEO. The transaction is expected to close in January 2018.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.