Diebold Inc.on March 29 confirmed the resultsof its initial takeoveroffer Wincor Nixdorf AG.
Diebold received 68.9% of Wincor Nixdorf shares for purposesof satisfying the minimum tender condition as of March 29. By the end of the acceptanceperiod, 22,544,692 Wincor Nixdorf shares had been tendered. Additionally, 262,279voting proxies counting towards the minimum acceptance threshold had been issuedto Diebold by the end of the acceptance period. Together, the number of shares andvoting proxies represent approximately 68.9% of the share capital and voting rightsin Wincor Nixdorf.
Shareholders of Wincor Nixdorf who have not tendered their sharescan still accept the offer by tendering their shares during the additional acceptanceperiod, which will begin March 30 and end at 12 a.m. centralEuropean time on April 12. Diebold will disclose a final figure of sharestendered following the expiration of the additional acceptance period.
The offer remains subject to regulatory approval and is targetedto close in the summer of 2016.