NORTH CANTON, Ohio,
May 13, 2019 /PRNewswire/
-- Diebold Nixdorf, Incorporated (NYSE: DBD) today announced
that the merger/squeeze-out of Diebold Nixdorf AG, the company's
German public subsidiary, is complete, streamlining and simplifying
the company's corporate structure. The merger/squeeze-out
eliminates Diebold Nixdorf AG as a separate corporate entity and
immediately terminates its listing on the Frankfurt Stock
Exchange. In addition, under German law, Diebold Nixdorf, Incorporated has now acquired
all of the remaining minority shares of Diebold Nixdorf AG
utilizing approximately $85 million
of funds set aside for this purpose in the company's refinancing
transaction in August 2018. With the completion of the
merger/squeeze-out, only Diebold
Nixdorf, Incorporated remains publicly-listed and has no
longer subsidiary-level free float in Germany.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated
(NYSE: DBD) is a world leader in enabling connected commerce. We
automate, digitize and transform the way people bank and shop. As a
partner to the majority of the world's top 100 financial
institutions and top 25 global retailers, our integrated solutions
connect digital and physical channels conveniently, securely and
efficiently for millions of consumers each day. The company
has a presence in more than 100 countries with approximately 23,000
employees worldwide. Visit www.DieboldNixdorf.com for more
information.
LinkedIn: www.linkedin.com/company/diebold
Twitter: twitter.com/dieboldnixdorf
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
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SOURCE Diebold Nixdorf