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NCR Corporation (NCR) Announces Strategic Review of Company’s Businesses and Operations

  • February 9, 2022

POTENTIAL DEAL DETAILS

StockNCR CorporationSymbolNCR
Date Announced02/08/2022Source Press Release
TypeCompany Seeking Strategic Alternatives

NCR Corporation (NCR) announces strategic review of the company’s businesses and operations. The board of directors has approved commencing a comprehensive strategic review process.

Those strategic alternatives could include a disposition of a material business or assets of the Company, a spin-off, merger or sale of the Company, other structural changes.

Previously, on May 7, 2019, NCR Corp. (NCR), was exploring options including a potential sale after receiving takeover interest.

Update(s):

July 19, 2022: NCR Corp. (NCR) is in exclusive talks to be sold to private-equity firm Veritas Capital, according to people familiar with the matter

September 15, 2022: NCR Corp. (NCRends the sale process and announces a spinoff to split into two companies.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.