NCR Voyix ticks higher amid report it's exploring sale of digital banking business

NCR Voyix (NYSE:VYX) rose 4.2% amid a report that it's evaluating the sale of its digital banking business.

NCR Voyix (VYX) is trying to get as much as $3 billion for the unit and has hired Goldman Sachs to solicit interest from possible bidders, which include private equity firms and other payments processors, according to a Reuters report on Friday, which cited people familiar with the matter.

Private equity firms TPG and Warburg Pincus are among the parties that have expressed interest in buying the digital banking unit, according to the report.

In October, NCR changed its name to NCR Voyix to reflect the company’s separation into two independent, publicly traded companies, NCR Voyix, focused on digital commerce, and NCR Atleos, focused on ATMs.