Josh Kushner's Thrive announces purchase of ADT for US$7.6 billion with delisting from the NYSE
An operation worth around R$40.9 billion foresees the company's delisting from the New York Stock Exchange and is investing in technology to improve services and reduce costs.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM TIMES BRASIL · 2 MIN
Thrive Holdings, created by Josh Kushner, will buy ADT for US$7.6 billion, equivalent to around R$40.9 billion, according to Times Brasil. ADT is a residential security company with more than 150 years of experience, and the operation draws attention due to its value and what it signals for the sector.
The agreement provides for ADT's delisting from the New York Stock Exchange (NYSE). For those who invest, this means that the company would no longer be publicly traded in that session, a change that alters investors' access to shares and the way they monitor the business.
According to Times Brasil, the purchase takes place amid growing interest in companies with artificial intelligence, home automation and connected devices. This context helps explain why a company with more than a century of history can attract buyers who see technology where there used to be a traditional service.
According to Reuters, Thrive intends to take control of ADT and use technology to improve services, reduce costs and create growth. The stated thesis, therefore, is to transform the operation from within, and not just maintain the company as it is.
The headline asks why the buyer paid this amount, and the facts found point to the focus on technology and efficiency. Still, the data released so far does not provide the financial structure of the agreement, the deadline for completion or ADT's revenue figures, and therefore the complete answer remains open.
What changes for the investor
If the agreement is concluded as described, those who hold ADT shares will lose the public trading of these shares on the NYSE, which tends to reduce liquidity and reduce the regular information available to common shareholders. For those who follow technology and home security, the deal shows that private buyers see value in traditional companies that can be modernized with AI and connected devices. This is a sign of interest, not an indication of buying or selling. The text does not provide a price per share or closing date, so any reading on the price would be speculation.
Automatically translated from Portuguese.
