M&A
confidence high
sentiment neutral
materiality 0.75
Brink's to propose divestiture of NoteMachine/TestLink UK amid CMA review; NCR Atleos deal on track
BRINKS CO
- Brink's agreed to propose divestiture of its NoteMachine/TestLink UK business in connection with the UK CMA's Phase 1 review of the NCR Atleos acquisition.
- The CMA's Phase 1 decision was a contemplated outcome and reflects overlap between Brink's NoteMachine/TestLink UK and NCR Atleos' Cardtronics UK business.
- Brink's said the proposed sale does not impact the $200 million in annual run-rate cost synergies expected within three years of closing.
- The NCR Atleos acquisition remains on track to close early in the first quarter of 2027, with prospective buyers expressing strong preliminary interest.