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An announcement from NCR Voyix ( (VYX) ) is now available.
NCR Voyix Corporation has finalized the sale of its Digital Banking business to Veritas Capital for $2.45 billion, with the potential for an additional $100 million based on future performance. This move allows NCR Voyix to concentrate on its core restaurant and retail sectors to enhance shareholder value. The sale also led to the repayment of outstanding loans and the purchase of a significant portion of the company’s senior notes, streamlining the company’s financial structure and marking a strategic shift to focus on growth in its primary business areas.
For an in-depth examination of VYX stock, go to TipRanks’ Stock Analysis page.
