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Diebold in talks to buy Wincor, report says

'Unnamed sources' continue to claim that Wincor is for sale, and now more specifically say the potential buyer is Diebold Inc.

June 11, 2015

Is Diebold Inc. sizing up Wincor Nixdorf as a potential acquisition? Yes. And no. It depends on who's talking and what day it is.

According to a report by the Reuters news agency, "sources with knowledge of the negotiations" have said that buyout talks are in the works, with Goldman Sachs and JP Morgan advising Wincor and Diebold, respectively.

Today, however, Reuters followed up with a report that "a spokesman" for Wincor Nixdorf had said that there were no talks of a takeover or even a merger.

In April, Wincor Nixdorf denied the initial report by Reuters that the company had engaged investment banks to "come up with ideas to secure the future of the group, including a potential sale to a private equity group." At that time, a Wincor spokesperson told ATM Marketplace that the report was "unsubstantiated."

Whatever the case, it is certainly true that the most recent rumor has been good for Wincor's market value. Based on the buyout report, the company's shares registered a 10 percent bump in price on Wednesday.

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Diebold Nixdorf

As a global technology leader and innovative services provider, Diebold Nixdorf delivers the solutions that enable financial institutions to improve efficiencies, protect assets and better serve consumers.

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