Diebold gets Polish antitrust clearance for Wincor Nixdorf acquisition

Source: Diebold

Diebold, Incorporated (DBD), a global leader in financial self-service technology, services and software, announced today that it received antitrust clearance in Poland for its planned acquisition of Wincor Nixdorf AG (WIN.F).

As a result, the company has attained all antitrust clearances required as a closing condition under the offer document for the acquisition. All closing conditions required for the consummation of the takeover offer are now satisfied and the takeover offer is expected to be settled on Aug. 15.

The offer consideration, in total consisting of 9,928,514 newly issued common shares of Diebold and approximately €891.7 million in cash, will be distributed to the shareholders of Wincor Nixdorf that tendered their shares in the offer at the time of settlement. Diebold has applied for listing of the newly issued Diebold common shares on the New York Stock Exchange and 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 the regular stock exchange trading hours on Aug. 5, 2016. 

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