By James Wilson
In August 2016 US-based Diebold completed its $1.8
billion takeover of and merger with Germany’s
Wincor Nixdorf. The merger brought together two leading
competitors in the market of self-service transaction systems
(including ATMs), electronic and physical security products,
software and related professional services for global financial
and retail markets. The deal marked the first successful
German-US exchange offer using US-registered shares as a
portion of the consideration for shares of a German target
company. It also established a new precedent in filing the
registration statement with the US Securities and Exchange
Commission (SEC) the day after the deal announcement. Diebold
Nixdorf corporate counsel Swann reviews some of the challenges
in the merger.
What are some of the key dynamics at play within the
sector that Diebold Nixdorf operates in?
Our industry is changing and evolving. It is no longer only
defined as ATMs at your...