NCR Corp Announces Plan To Separate Into Two Independent Companies [Forbes]
NCR Corporation (NCR)
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Source: Forbes
MarketsNCR Corp Announces Plan To Separate Into Two Independent CompaniesJoe CornellContributorOpinions expressed by Forbes Contributors are their own.FollowingNew!Follow this author to stay notified about their latest stories.Sep 22, 2022,11:48am EDT|Click on the conversation bubble to join the conversationPhotographer: Michael Nagle/Bloomberg© 2018 Bloomberg Finance LPDeal OverviewOn September 15, 2022, NCRNCR Price PerformanceSpin-Off ResearchAfter completing the proposed spin-off , CommerceCo (RemainCo) will continue with its Retail, Hospitality, Merchant Services, and Digital Banking businesses. On the other hand, ATMCo (Spin-Off ) will focus on its global ATM-as-a-Service and ATM network business. The separation transaction will follow the satisfaction of customary conditions, including the effectiveness of appropriate filings with the US Securities and Exchange Commission and the completion of audited financials. The NCR Board of Directors engaged BofA Securities, Inc., Goldman
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