NCR Completes Acquisition of Retalix
06 2월 2013 - 5:30PM
Business Wire
NCR Corporation (NYSE: NCR) today announced that it has
completed its acquisition of Retalix Ltd. (NASDAQ: RTLX), a leading
global provider of innovative retail software and services.
“This acquisition is another demonstration of NCR’s commitment
to global innovation, leadership and delivering a world-class
portfolio of solutions that create significant value for our
shareholders and customers,” said NCR Chairman and CEO, Bill Nuti.
“Retalix’s market-leading software, services capabilities, and
exceptional talent are a strategic fit for NCR, and support our
continued focus on a future driven by software, wrapped elegantly
in hardware and services.”
In the transaction, NCR is paying a cash purchase price of
$30.00 per Retalix share, implying a transaction value of
approximately $650 million, excluding transaction related fees.
With the completion of the transaction, Retalix became a wholly
owned subsidiary of NCR, and its common stock ceased to trade on
the NASDAQ Global Select Market and Tel Aviv Stock Exchange and
will be delisted.
J.P. Morgan acted as exclusive financial advisor and Morrison
& Foerster LLP and Amit, Pollak, Matalon & Co. provided
legal advice to NCR. Jefferies & Co., Inc. acted as financial
advisor and Meitar Liquornik Geva & Leshem Brandwein provided
legal advice to Retalix Ltd.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company
leading how the world connects, interacts and transacts with
business. NCR’s assisted- and self-service solutions and
comprehensive support services address the needs of retail,
financial, travel, hospitality, gaming, public sector, telecom
carrier and equipment organizations in more than 100 countries. NCR
(www.ncr.com) is headquartered in Duluth, Georgia.
NCR's web site (www.ncr.com) contains a significant amount of
information about NCR, including financial and other information
for investors (http://investor.ncr.com.). NCR encourages investors
to visit its web site from time to time, as information is updated
and new information is posted.
NCR is a trademark of NCR Corporation in the United States and
other countries.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements use words such as “seek,” "potential,”
“expect,” “strive,” “continue,” “continuously,” “accelerate,”
“anticipate”, “outlook”, “intend”, “plan”, “target” and other
similar expressions or future or conditional verbs such as “will,”
“should,” “would” and “could”. They include statements about NCR's
plans for and expectations regarding the business of Retalix Ltd.;
discussions of other strategic initiatives and related actions; and
beliefs, expectations, intentions and strategies, among other
things. Forward-looking statements are based on management's
current beliefs, expectations and assumptions, and involve a number
of known and unknown risks and uncertainties, many of which are out
of NCR's control.
Forward-looking statements are not guarantees of future
performance, and there are a number of factors, risks and
uncertainties that could cause actual outcomes and results to
differ materially from the results contemplated by such
forward-looking statements. In addition to the factors discussed in
this release, these other factors, risks and uncertainties include
those relating to: domestic and global economic and credit
conditions, including the ongoing sovereign debt conditions in
Europe, which could impact the ability of NCR's customers to make
capital expenditures, purchase NCR's products and pay accounts
receivable, drive further consolidation in the financial services
sector and reduce NCR's customer base; other business and legal
risks associated with multinational operations; the financial
covenants in NCR's secured credit facility and their impact on
NCR's financial and business operations; NCR's indebtedness and the
impact that it may have on NCR's financial and operating activities
and NCR's ability to incur additional debt; the adequacy of NCR's
future cash flows to service NCR's indebtedness; the variable
interest rates borne by NCR's indebtedness and the effects of
changes in those rates; shifts in market demands, continued
competitive factors and pricing pressures and their impact on NCR's
ability to improve gross margins and profitability, especially in
NCR's more mature offerings; manufacturing disruptions affecting
product quality or delivery times; the effect of currency
translation; NCR's ability to achieve targeted cost reductions;
short product cycles, rapidly changing technologies and maintaining
a competitive leadership position with respect to NCR's solution
offerings; tax rates; ability to execute NCR's business and
reengineering plans; turnover of workforce and the ability to
attract and retain skilled employees, especially in light of
continued cost-control measures being taken by NCR; availability
and successful exploitation of new acquisition and alliance
opportunities; NCR's ability to sell higher-margin software and
services in addition to NCR's hardware; the timely development,
production or acquisition and market acceptance of new and existing
products and services (such as self-service technologies),
including NCR's ability to accelerate market acceptance of new
products and services; changes in Generally Accepted Accounting
Principles (GAAP) and the resulting impact, if any, on NCR's
accounting policies; continued efforts to establish and maintain
best-in-class internal information technology and control systems;
market volatility and the funded status of NCR's pension plans; the
success of NCR's pension strategy; compliance with requirements
relating to data privacy and protection; expected benefits related
to acquisitions and alliances, including the acquisition of Retalix
Ltd., not materializing as expected; uncertainties with regard to
regulations, lawsuits, claims and other matters across various
jurisdictions; and other factors detailed from time to time in
NCR's U.S. Securities and Exchange Commission reports and NCR's
annual reports to stockholders. NCR does not undertake any
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Retalix (NASDAQ:RTLX)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Retalix (NASDAQ:RTLX)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024