The Brinks Company (Brinks) will acquire NCR Atleos Corporation (NCR Atleos) in a cash and stock transaction valued at approximately $6.6 billion. The transaction consideration for each outstanding share of NCR Atleos common stock is $30.00 in cash and 0.1574 shares of Brinks common stock. Based on Brinks' closing share price of $129.58 on February 25, 2026, the implied value per share of NCR Atleos is $50.40. This implied value represents a premium of approximately 24% over NCR Atleos' closing share price on February 25, 2026, and a 26% premium over its 30-day volume weighted average price. Brinks will assume approximately $2.6 billion of NCR Atleos' indebtedness as part of the transaction. Post-closing, Brinks shareholders will own approximately 78%, and NCR Atleos shareholders will own approximately 22% of the outstanding shares of Brinks common stock. The combined company is anticipated to generate approximately $10 billion in total revenue and $2 billion in Adjusted EBITDA. Brinks expects to realize $200 million in annual run-rate cost synergies within three years of closing, primarily from service network and infrastructure optimization, SG&A streamlining, and procurement efficiencies. The transaction is expected to be at least 35% accretive to EPS and enhance long-term financial results and capital allocation flexibility. The cash portion of the purchase price will be financed with a combination of cash on the balance sheet and $4.5 billion in committed bridge financing from Morgan Stanley Senior Funding, Inc.