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.

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