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NCR Corp Completes Acquisition Of Retalix Ltd


Wednesday, 6 Feb 2013 03:30am EST 

NCR Corp announced that it has completed acquisition of Retalix Ltd., provider of retail software 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 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. 

Company Quote

29.73
0.14 +0.47%
26 Dec 2014