Blackstone And Carlyle Reportedly Consider $10 Bln Offer For NCR

(RTTNews) - Blackstone Group LP (BX) and Carlyle Group LP (CG) have teamed up to consider a buyout of NCR Corp. (NCR), according to reports citing people familiar with the matter. The buyout could be valued at more than $10 billion, including debt.

The reports noted that the process, being run by JPMorgan Chase & Co., is in early stages and the company and potential buyers still disagree on price. NCR's bankers have sought at least $36 per share for the Duluth, Georgia-based maker of automated teller machines, a price the private equity firms have resisted as too high.

In addition, the reports said that Apollo Global Management LLC and Thoma Bravo are considering bids.

NCR closed Tuesday's regular trading at $34.73, up $3.36 or 10.71%.