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The final countdown: Diebold-Wincor deal to close in 10 days

August 5, 2016

Diebold Inc., a provider of financial self-service technology, services and software, has received antitrust clearance in Poland for its planned acquisition of Wincor Nixdorf AG, the company announced today in a press release.

This means that Canton, Ohio-based Diebold has now obtained all antitrust clearances required for the acquisition to proceed. With all closing conditions now satisfied, the companies expect to finalize the transaction on Aug. 15, the release said.

At the time of settlement, the offer consideration of 9,928,514 newly issued common shares of Diebold and approximately 891.7 million euros ($995.5 million) in cash, will be distributed to the shareholders of Wincor Nixdorf who tendered their shares.

Diebold has applied for listing of the newly issued Diebold common shares on the New York Stock Exchange and additionally will apply for listing of all 89,907,516 of its common shares on the Frankfurt Stock Exchange.

Trading of the tendered Wincor Nixdorf shares on the regulated market of the Frankfurt Stock Exchange will cease after the end of trading hours today, Diebold said.

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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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