UK watchdog flags competition concerns over Brink's $6.6 billion NCR Atleos deal

By Reuters News

Sept 30 (Reuters) - Britain's competition watchdog on Wednesday said cash management firm Brink's Co's BCO.N $6.6 billion acquisition of ATM provider NCR Atleos NATL.N could weaken competition in the UK market.

The Competition and Markets Authority (CMA) gave the parties until October 7 to offer undertakings to address the concerns, failing which it would refer the proposed merger to an in-depth Phase 2 investigation.

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