NCR Voyix to sell digital banking division to Veritas Capital for $2.45bn

NCR Voyix to sell digital banking division to Veritas Capital for $2.45bn

In a significant development in the financial technology sector, NCR Voyix Corporation (NYSE: VYX) has announced it will sell its cloud-based digital banking business to Veritas Capital for $2.45 billion in cash. The deal also includes the potential for up to $100 million in additional contingent consideration. This move marks a pivotal shift for NCR […]

Quantum Capital Group to acquire Cogentrix Energy from Carlyle Group for $3bn

Quantum Capital Group to acquire Cogentrix Energy from Carlyle Group for $3bn

Quantum Capital Group, a prominent investment firm, has announced it will acquire Cogentrix Energy, a major U.S. independent power producer, from funds managed by Carlyle Group for approximately $3 billion. The acquisition includes Cogentrix’s extensive portfolio of natural gas-fired power plants, which collectively provide 5.3 gigawatts of reliable energy across key U.S. markets. Cogentrix’s Power […]