Bankruptcy Wave Builds as ATM Maker, Aerospace Supplier File (1)

At least three large firms filed for Chapter 11 bankruptcy protection in the US during a single 12-hour stretch, following up on the biggest rush in years.

Automated teller machine maker Diebold Nixdorf Inc., cancer-treatment firm GenesisCare and aerospace supplier Wesco Aircraft Holdings Inc. — which does business as Incora — all filed for bankruptcy overnight in the US. The petitions come barely two weeks after the bankruptcy system received the most filings from large firms for a two-day period since at least 2008, according to data compiled by Bloomberg.

The Chapter 11 filings allow the companies to keep ...