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NCR Voyix (VYX) has provided an announcement.
NCR Voyix Corporation is selling its Digital Banking Business to Dragon Buyer, Inc., an affiliate of Veritas Capital, for $2.45 billion with an additional contingent consideration of up to $100 million. This transaction includes a post-closing price adjustment and is expected to close by the end of 2024, pending regulatory approval and other customary conditions. The agreement also includes non-competition clauses and requires both parties to take necessary actions to complete the sale promptly. The deal’s completion isn’t dependent on financing, as the buyer has secured the necessary funds.
For an in-depth examination of VYX stock, go to TipRanks’ Stock Analysis page.
