is in talks to buy ATM operator Cardtronics PLC
The Wall Street Journal reported late Friday, citing people familiar with the matter. Cardtronics disclosed late Thursday it had received another, higher buyout bid than the December $35 bid by funds associated with Apollo Global Management Inc.
and Hudson Executive Capital LP, itself a sweetened deal from a $31 earlier bid, but hadn’t disclosed the new suitor. Cardtronics said then it was evaluating the new proposal. Shares of Cardtronics rose 1.2% in the extended session Friday after ending the regular trading day up 15%. NCR shares fell 4% after 1.6% decline in the regular session. NCR, which provides software and services for the banking, retail, and other industries, on Thursday announced the acquisition of grocery e-commerce company Freshop.