Brinks to acquire NCR Atleos in $6.6 billion deal

Feb 26 (Reuters) - Brinks ‌Co on ​Thursday ​said it will acquire NCR Atleos in a cash-and-stock deal valued at ‌about $6.6 billion including debt, sending the cash ⁠management and logistics provider's shares down 6% in ‌after-hours trading to $126.90.

NCR Atleos ‌provides operational efficiency solutions for financial institutions and retailers, alongside digital-first financial self-service experiences for ​consumers.

Brinks will acquire each outstanding share of NCR Atleos for $30 in cash and ⁠0.1574 shares of its common stock.

The implied $50.40 value of the per-share ​merger consideration represents a premium of approximately 20.4% over NCR Atleos’ closing ​share price on February 26, ‌2026.

The deal has been approved by the boards of directors of both ⁠companies and is expected to close in the first quarter of 2027.

Brinks CEO Mark Eubanks and ⁠chief financial officer Kurt McMaken will be appointed to ​the same roles in the combined company.

Sidley Austin is serving as Brinks' legal advisor for the transaction.

Meanwhile, ‌Brinks also forecast first-quarter adjusted profit per share of $1.50 to $1.90, the midpoint ‌of which is in line with analysts' ⁠estimates of $1.7, according ‌to data compiled ​by LSEG.

(Reporting by Sanskriti Shekhar and Parth Chandna in Bengaluru; Editing by Jonathan ‌Ananda)

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