ADT Files for IPO
ADT has filed for an initial public offering (IPO) a little over a year since the company was purchased by private equity firm Apollo Global Management LCC and then taken private. The Wall Street Journal has previously reported that the IPO could value ADT at approximately $15b including debt. Shares will be listed on the New York Stock Exchange. ADT – www.adt.ca - offers security and home automation solutions in Canada and the United States.