04:39 AM EDT, 07/08/2024 (MT Newswires) -- NCR Voyix ( VYX ) is considering a sale of its digital banking business for as much as $3 billion, Reuters reported Friday, citing unnamed people familiar with the matter.

The company has hired Goldman Sachs to help solicit interest from potential buyers, according to the report.

Sources told Reuters that private equity firms and other payment processors have expressed their interest, including private equity firms TPG Capital (TPG) and Warburg Pincus.

A deal, however, is not yet guaranteed, the report said.

The digital banking unit generates about 20% of NCR Voyix's ( VYX ) revenue. A sale of the digital banking unit will allow NCR Voyix ( VYX ) to pay off its $2.4 billion debt, Reuters said.

NCR Voyix ( VYX ), Warburg Pincus and TPG did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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