SK Telecom Purchases Security Firm ADT Caps with Macquarie

SEOUL, May 8 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. on Tuesday acquired stakes in ADT Caps Co., a security service provider, in a joint investment with Australia-based Macquarie Group. Under the deal estimated at 1.27 trillion won (US$1.17 billion), SK Telecom will hold a 55 percent stake in ADT Caps, [...]