NCR Announces Definitive Agreement to buy Minority Interest Banco Bradesco Holds in NCR Manaus
“We are pleased to continue our partnership with our valued customer
Banco Bradesco,” said NCR President and Chief Executive Officer
NCR will continue to work with Bradesco to provide ATM solutions. NCR
opened its manufacturing facility in Manaus in 2009 to respond to the
need for local sourcing and better serve its customers in
This agreement complements NCR’s recently announced initiative to expand
its service and solution footprint in
“We greatly value our close partnership with NCR,” said
The transaction is subject to regulatory approval and other customary closing conditions.
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Cautionary Statement Regarding Forward-Looking Statements
Statements in this announcement regarding the proposed transaction, the
expected timetable for completing the proposed transaction, future
financial and operating results, future capital structure and liquidity,
benefits of the proposed transaction, general business outlook and any
other statements about the future expectations, beliefs, goals, plans or
prospects of the board or management of NCR constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Any statements that are not statements of historical
fact (including statements containing the words "expects," "intends,"
"anticipates," "estimates," "predicts," "believes," "should,"
"potential," "may," "forecast," "objective," "plan," or "targets" and
other similar expressions) are intended to identify forward-looking
statements. There are a number of factors that could cause actual
results or events to differ materially from those indicated by such
forward-looking statements, including: the ability to obtain requisite
regulatory approvals; the potential impact of the announcement or
consummation of the proposed transaction on relationships, including
with employees, suppliers and customers; the ability to achieve the
value creation contemplated by the proposed transaction; and the other
factors and financial, operational and legal risks or uncertainties
described in the NCR’s public filings with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20190610005770/en/
Source:
NCR News Media Contact:
Scott Sykes
NCR Corporation
917-232-6720
scott.sykes@ncr.com
NCR
Investor Contact:
Michael Nelson
NCR Corporation
678-808-6995
michael.nelson@ncr.com