Diebold acquisition of ATM rival Wincor receives Polish antitrust clearance

American ATM manufacturer Diebold has received antitrust clearance in Poland for its planned acquisition of Wincor Nixdorf.

Diebold acquisition of ATM rival Wincor receives Polish antitrust clearance

This means that the company has obtained all antitrust clearances required as a closing condition under the offer document for the acquisition. The companies expect to finalise the takeover on 15 August 2016.

Diebold said it has applied for listing of the newly issued Diebold common shares on the New York Stock Exchange and will apply for listing of all 89,907,516 of its common shares on the Frankfurt Stock Exchange.

Diebold agreed to acquire its German rival in a deal worth about $1.8bn (EUR1.7bn) in November 2015.