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MRC Allied signs deal with 5G Security to buy majority of Kerberus - Vimarsana News

MRC Allied signs deal with 5G Security to buy majority of Kerberus

December 11, 2020 | 12:06 am Font Size MRCALLIED.COM FORMER PROPERTY development firm MRC Allied, Inc. has signed a deal with 5G Security, Inc. (5GS) to acquire 75% of Kerberus Corp. as it enters the holding industry. MRC Allied in a disclosure on Thursday said it signed a memorandum of agreement to prepare for supermajority ownership and control of Kerberus, where cybersecurity services and building management firm 5GS owns majority share and control. 5GS, under the agreement, will immediately increase the authorized capital stock of Kerberus to P300 million. MRC Allied will acquire...

MRC Allied inks deal to take over Kerberus – The Manila Times - Vimarsana News

MRC Allied inks deal to take over Kerberus – The Manila Times

MRC Allied Inc. has inked an agreement to purchase a controlling stake in security solutions provider Kerberus Corp., a move it claims would quicken its transformation into a holding firm. In a disclosure on Thursday, MRC Allied said it signed a memorandum of agreement on the stake acquisition with Kerberus’ majority owner 5GS Security Inc., a firm “engaged in cybersecurity services, electronic security, safety and building management and auxiliary equipment and system business.” The acquisition, it added, would “also bring the company closer to its aspirational goal of transforming f...