# BRINKS CO (BCO) — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_706219e6505412173fcd · retrieved 2026-08-11T16:11:05.121Z

## Overview
The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, operating in 51 countries and serving customers in more than 100 countries.

The Brink's Company entered into a definitive merger agreement on February 26, 2026, to acquire NCR Atleos, Inc. The transaction is expected to close in the first quarter of 2027, subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions. Both companies' shareholders overwhelmingly approved the acquisition on June 30, 2026. Regulatory clearance has been secured in key jurisdictions including the United States, Brazil, and India, with remaining regulatory reviews well underway. The combined company expects to realize approximately $200 million in annual run-rate cost synergies within three years of closing. The acquisition is designed to expand the combined company's scale and support continued growth in AMS (ATM Managed Services) and DRS (Digital Retail Solutions) offerings.

## Terms
- Counterparty: NCR Atleos, Inc. · Consideration: mixed · Price/share: $30

## Key dates
- Announced 2026-08-05 · Vote 2026-06-30 · Completed 2026-02-26

## Timeline
- 2026-02-26 · 425 (0001104659-26-020513): 425 - BRINKS CO — *NCR Atleos Corporation is a Maryland corporation that operates in the calculating and accounting machines industry (SIC 3578), providing ATM and payment processing solutions.* The Brink's Company entered into a definitive merger agreement with NCR Atleos Corporation on February 26, 2026. Under the agreement, Brink's will acquire NCR Atleos through a two-step merger structure, with NCR Atleos shareholders receiving $30.00 in cash and 0.1574 shares of Brink's common stock for each share of NCR Atleos common stock held. The transaction is subject to customary closing conditions including regulatory approvals (HSR, antitrust, money transmitter licenses), shareholder votes from both companies, and the absence of a material adverse effect. Brink's has obtained debt financing commitments of up to $2,276 million in bridge facilities from Morgan Stanley Senior Funding, with additional backstop facilities available for refinancing NCR Atleos' existing debt.
  https://www.sec.gov/Archives/edgar/data/78890/0001104659-26-020513.txt
- 2026-02-26 · 425 (0001104659-26-020556): 425 - BRINKS CO — *The Brink's Company provides cash management, logistics, and armored transportation services; NCR Atleos develops ATM software, services, and operates a globally installed base of ATMs serving financial institutions and retailers.* The Brink's Company has agreed to acquire NCR Atleos Corporation in an all-cash and stock transaction valued at approximately $6.6 billion. The consideration consists of $30 per share in cash plus 0.1574 shares of Brink's common stock per NCR Atleos share, reflecting an implied value of $50.40 per share based on Brink's closing stock price of $129.58 on February 25, 2026. This represents a 24% premium over NCR Atleos' closing price on that date and a 26% premium over its 30-day volume-weighted average price. The transaction has been unanimously approved by both companies' boards and is expected to close in the first quarter of 2027, subject to customary closing conditions including regulatory approvals and shareholder votes. Post-closing, Brink's shareholders will own approximately 78% and NCR Atleos shareholders will own approximately 22% of the combined company's outstanding shares.
  https://www.sec.gov/Archives/edgar/data/78890/0001104659-26-020556.txt
- 2026-02-27 · 425 (0001104659-26-021670): 425 - BRINKS CO — *The Brink's Company provides cash management, ATM managed services, digital retail solutions, and logistics services to banks and retailers.* The Brink's Company is acquiring NCR Atleos Corporation in a proposed transaction. Brink's expects to achieve $200 million in annual run-rate cost synergies by the third year post-close, with over $100 million coming from SG&A reductions, shared network optimization, and procurement leverage. The combined company will integrate complementary capabilities across ATM managed services (AMS), digital retail solutions (DRS), and cash management services. Brink's expects the transaction to close within approximately 12 months.
  https://www.sec.gov/Archives/edgar/data/78890/0001104659-26-021670.txt
- 2026-08-05 · 8-K (0000078890-26-000054): 8-K - BRINKS CO — *The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, operating in 51 countries and serving customers in more than 100 countries.* The Brink's Company entered into a definitive merger agreement on February 26, 2026, to acquire NCR Atleos, Inc. The transaction is expected to close in the first quarter of 2027, subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions. Both companies' shareholders overwhelmingly approved the acquisition on June 30, 2026. Regulatory clearance has been secured in key jurisdictions including the United States, Brazil, and India, with remaining regulatory reviews well underway. The combined company expects to realize approximately $200 million in annual run-rate cost synergies within three years of closing. The acquisition is designed to expand the combined company's scale and support continued growth in AMS (ATM Managed Services) and DRS (Digital Retail Solutions) offerings.
  https://www.sec.gov/Archives/edgar/data/78890/0000078890-26-000054.txt

## Citations
- 0001104659-26-020513 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926020513
- 0001104659-26-020556 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926020556
- 0001104659-26-021670 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926021670
- 0000078890-26-000054 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000007889026000054
