Brinks Company has announced a definitive agreement to acquire NCR Atleos in a transaction valued at approximately $6.6 billion, including cash and stock. The combined entity is expected to create a leading global cash management and payment solutions provider.

The acquisition aims to enhance Brinks' capabilities in areas such as ATM managed services, cash-in-transit, and payment solutions. NCR Atleos, formerly known as NCR Corporation's ATM business, operates a significant network of ATMs and provides related services to financial institutions and retailers worldwide. This strategic move is anticipated to broaden Brinks' geographic reach and deepen its service offerings.

The transaction is subject to customary closing conditions, including regulatory approvals and the approval of NCR Atleos shareholders. The companies anticipate the deal to close in the second half of 2024.

Key Takeaways

• Brinks Company is acquiring NCR Atleos for $6.6 billion.
• The deal involves a combination of cash and stock.
• The acquisition is expected to create a major player in global cash management and payment solutions.
• Regulatory and shareholder approvals are required for the transaction to close.

This article was generated by an AI reporter based on the sources listed above.