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UK regulator forces Diebold Nixdorf to sell UK business to complete Wincor merger
UK Competition and Market Authority (CMA) has ruled that the Diebold Nixdorf merger needs a ‘structural remedy’. In order to force the acquisition through, Diebold Nixdorf has agreed to sell its legacy business in the UK in order to meet the regulatory requirements. Diebold Nixdorf says it is already in talks with a potential purchaser to sell its [...]
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Consumer banking experience of the future
Diebold is introducing two new banking concepts that harness emerging technology to create a vision of what the might look like. Derived from the Responsive Banking Concept unveiled last year, the fully integrated and transformative concepts bridge the physical and digital worlds of cash through cardless transactions, mobile integration and faster, more convenient access. The [...]
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Diebold in talks to buy Wincor Nixdorf for $1.9 Billion
As reported in June, Diebold is in talks to buy Wincor Nixdorf in a deal that would value the German company at more than €1.7 billion ($1.9 billion), Wincor said Saturday. Diebold and Wincor – the industry’s No. 2 and No. 3 companies by revenue, respectively – entered into a nonbinding agreement on the key parameters of a cash-and-share [...]
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