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NCR Voyix ticks higher amid report it’s exploring sale of digital banking business

July 5, 2024
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NCR Voyix ticks higher amid report it’s exploring sale of digital banking business

Maksim Labkouski/iStock by way of Getty Photographs

NCR Voyix (NYSE:VYX) edged increased by 2% amid a report that it is evaluating the sale of its digital banking enterprise.

NCR Voyix (VYX) is attempting to get as a lot as $3 billion for the unit and has employed Goldman Sachs to solicit curiosity from potential bidders, which embrace non-public fairness companies and different funds processors, in response to a Reuters report on Friday, which cited individuals conversant in the matter.

Personal fairness companies TPG and Warburg Pincus are among the many events which have expressed curiosity in shopping for the digital banking unit, in response to the report.

In October, NCR modified its title to NCR Voyix to replicate the corporate’s separation into two impartial, publicly traded firms, NCR Voyix, centered on digital commerce, and NCR Atleos, centered on ATMs.

Extra on NCR Voyix Company

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