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Wincor Nixdorf AG: Strategic Business Combination
Wincor Nixdorf and Diebold are currently in discussions regarding a potential business combination.
On 24 September 2015 the companies entered into a term sheet regarding the key parameters of a potential strategic business combination, to be implemented through a public tender offer for all issued and outstanding shares of Wincor Nixdorf
The term sheet is legally non-binding and the entry into the transaction is still subject to material conditions and analyses, in particular the completion of mutual due diligences.
The envisaged consideration indicated in the term sheet shall be paid in a combination of cash and Diebold shares corresponding to an overall consideration of EUR 52.50 per share of Wincor Nixdorf
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