The Brink's Company（BCO）のニュースとイベントBCOThe Brink's Company

Brink's Acquisition of NCR Atleos Accepted in Principle by CMA

Brink's (BCO) announced that the United Kingdom's Competition and Markets Authority, or CMA, has accepted in principle Brink's proposed remedy for its planned acquisition of NCR Atleos (NATL). Brink's has been working constructively with the CMA to establish that the divestiture of NoteMachine/TestLink UK is an acceptable remedy to address the UK-specific concerns that the CMA shared with Brink's early in the review process. Brink's is committed to selecting a suitable buyer and concluding the divestiture process in a timely manner in order to avoid the CMA referring the acquisition to a Phase 2 investigation. As previously announced on September 30, the sale process is progressing, and Brink's remains engaged with a number of prospective buyers. Brink's acquisition of NCR Atleos remains on track to close early in the first quarter of 2027.

Brink's Company Acquisition of NCR Atleos Progressing Smoothly

The Brink's Company (BCO) issued the following statement in connection with the United Kingdom's Competition and Markets Authority Phase 1 decision in relation to the company's previously announced agreement to acquire NCR Atleos Corporation (NATL): "The CMA's Phase 1 decision was always contemplated as a potential outcome and reflects the local overlap between Brink's NoteMachine/TestLink UK business and NCR Atleos' Cardtronics business in the UK. Brink's has engaged constructively with the CMA throughout the CMA's Phase 1 review process, a fact which is reflected in the CMA arriving at today's decision under its 'fast-track' Phase 1 procedure. The potential sale of NoteMachine/TestLink UK was a remedy that was contemplated in the financial metrics that Brink's has previously disclosed and does not impact the $200 million in annual run-rate cost synergies that we continue to expect to achieve within three years of closing the transaction. The proposed sale process is progressing, with a number of prospective buyers having expressed strong preliminary interest. Brink's looks forward to continuing constructive engagement with the CMA. Supported by the constructive engagement with the CMA and meaningful progress in the proposed divestiture, the NCR Atleos acquisition remains on track to close early in the first quarter of 2027."

NCR Reports Q2 Revenue of $1.39B, Meeting Consensus

Reports Q2 revenue $1.39B, consensus $1.39B. Mark Eubanks, President and CEO, said: "Our strong second quarter shows continued progress against our AMS/DRS strategy with another quarter of mid-teens or better organic revenue growth. We closed several key customer wins late in the second and early in the third quarter that support continued growth momentum into the second half of the year. The margin accretion power of AMS/DRS is evident in our profitability with record second quarter operating profit and Adjusted EBITDA margin performance. Supported by underlying operational productivity and revenue mix benefits, Adjusted EBITDA margins expanded year-over-year in every segment in the second quarter. We continue to deliver sustainable improvements in cash generation with trailing-twelve-month free cash flow up $32 million dollars to $468 million reflecting conversion of 46 percent. Combined with NCR Atleos' strong second quarter results, released earlier this morning, both companies have now delivered first-half performance ahead of expectations. With increasing visibility into our second half performance and a favorable AMS/DRS growth trajectory, we remain confident in our financial outlook and our ability to fully realize the value creation potential of the acquisition."