Mergers & Acquisitions ·
UK regulator requires divestiture of NoteMachine/TestLink UK to approve $1.5B NCR Atleos acquisition
BCOBrinks Co
The Brink's Company announced that the UK Competition and Markets Authority issued a Phase 1 decision requiring the divestiture of its NoteMachine/TestLink UK business to approve the acquisition of NCR Atleos. The company agreed to propose this divestiture, noting that prospective buyers have expressed strong preliminary interest. This remedy was anticipated in prior financial metrics and does not impact the expected $200 million in annual run-rate cost synergies achievable within three years of closing. The acquisition remains on track to close early in the first quarter of 2027. The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services.