A joint reasoned statement from the Wincor Nixdorf management and supervisory boards calls the Diebold offer 'appropriate and fair.'
February 11, 2016
The board of directors and the supervisory board of Wincor Nixdorf AG today issued a joint statement regarding the offer document presented by Diebold Inc. on Feb. 5.
After completing a due process of review, the boards concurred in their recommendation to shareholders to accept the Diebold offer:
The Board of Directors and Supervisory Board of Wincor Nixdorf AG are of the opinion that the consideration offered by Diebold is appropriate and fair and in the best interests of Wincor Nixdorf AG, its shareholders, and its other stakeholders.
The full joint statement (in both English and German) is available online in the investor relations section of the Wincor Nixdorf website.
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.