M&A
confidence high
sentiment neutral
materiality 0.80
Brink's acquires NCR Atleos in $30 cash + 0.1574 shares per share deal; up to $2.3B bridge financing
BRINKS CO
- Merger consideration: $30.00 cash plus 0.1574 Brink's shares per NCR Atleos share.
- Brink's obtained debt commitment from Morgan Stanley for up to $2.276B base bridge facility to fund the acquisition.
- Closing requires approvals from both companies' shareholders, antitrust clearance, and other regulatory consents.
- Termination fees: $145M payable by NCR Atleos to Brink's; $175M payable by Brink's to NCR Atleos under specified conditions.
- At closing, one NCR Atleos director will be appointed to Brink's board.