NCR Corporation (NYSE:NCR) confirmed it has tabled a USD 1.7 billion (EUR 1.39 billion) bid to acquire Cardtronics plc (NasdaqGS:CATM) (CATM), which is currently a takeover target of funds managed by affiliates of Apollo Global Management (NYSE:APO) and Hudson Executive Capital LP. NCR has offered to acquire the business for USD 39 per share, which implies a total equity valuation of about USD 1.73 billion, based on number of outstanding shares. "Cardtronics' debit network is highly complementary to NCR's payments platform and will enable the combined company to seamlessly connect retail and bank customers while capitalising on the banking industry's transition toward infrastructure outsourcing," NCR's Chief Executive Officer Michael Hayford noted in the brief press release.