DGAP-Adhoc: Diebold Nixdorf, Incorporated: Diebold Nixdorf divests a German Subsidiary

DGAP-Ad-hoc: Diebold Nixdorf, Incorporated / Key word(s): Disposal 
Diebold Nixdorf divests a German Subsidiary 
 
17-Jan-2020 / 23:38 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Diebold Nixdorf, Incorporated* 
*North Canton, Ohio, United States of America* 
 
*Public Disclosure of Inside Information pursuant to Article 17 Regulation 
(EU) No 596/2014* 
 
*January 17, 2020 - North Canton, Ohio, United States of America* - Today, 
through a wholly owned indirect subsidiary, Diebold Nixdorf, Incorporated 
(the "Company") has signed a binding agreement with DATAGROUP SE (Frankfurt 
Stock Exchange: D6H) on the sale of its majority stake (68%) in Diebold 
Nixdorf Portavis GmbH ("Portavis"). Portavis provides application management 
and information technology (IT) infrastructure outsourcing solutions to 
certain financial institutions in Germany. The parties agreed not to 
disclose the purchase price. The transaction is subject to antitrust 
clearance under German law. As part of the transaction, the selling 
subsidiary will repay certain cash pool loans it has received from Portavis. 
 
North Canton, January 17, 2020 
Diebold Nixdorf, Incorporated 
 
Notifying Person: 
Stephen A. Virostek 
Vice President, Investor Relations 
Telephone [phone] 
Facsimile [phone] 
[e-mail] 
 
*Forward-Looking Statements* 
This ad hoc notice contains forward-looking statements within the meaning of 
the Private Securities Litigation Reform Act of 1995, including statements 
regarding anticipated adjusted revenue growth, adjusted internal revenue 
growth. Statements can generally be identified as forward-looking because 
they include words such as "believes," "anticipates," "expects," "could," 
"should" or words of similar meaning. Statements that describe the Company's 
future plans, objectives or goals are also forward-looking statements. 
Forward-looking statements are subject to assumptions, risks and 
uncertainties that may cause actual results to differ materially from those 
contemplated by such forward-looking statements. The factors that may affect 
the Company's results include, among others: the ultimate impact of the 
appraisal proceedings initiated in connection with the implementation of the 
domination and profit and loss transfer agreement with Diebold Nixdorf AG 
and the merger squeeze-out of the remaining shareholders of Diebold Nixdorf 
AG; the ultimate outcome and results of integrating the operations of the 
Company and former Diebold Nixdorf AG; the changes in political, economic or 
other factors such as interest rates, currency exchange rates, inflation 
rates, recessionary or expansive trends, taxes and regulations and laws 
affecting the worldwide business in each of the Company's operations; the 
Company's reliance on suppliers and any potential disruption to the 
Company's global supply chain; changes in the Company's relationships with 
customers, suppliers, distributors and/or partners in its business ventures; 
the impact of market and economic conditions on the financial services and 
retail industries, including any additional deterioration and disruption in 
the financial and service markets, including the bankruptcies, 
restructurings or consolidations of financial institutions, which could 
reduce the Company's customer base and/or adversely affect the Company's 
customers' ability to make capital expenditures, as well as adversely impact 
the availability and cost of credit; the acceptance of the Company's product 
and technology introductions in the marketplace; the capacity of the 
Company's technology to keep pace with a rapidly evolving marketplace; 
competitive pressures, including pricing pressures and technological 
developments; the effect of legislative and regulatory actions in the United 
States and internationally; the Company's ability to comply with government 
regulations; the impact of a security breach or operational failure on the 
Company's business; the Company's ability to achieve benefits from its 
cost-reduction initiatives and other strategic initiatives, such as DN Now, 
including its planned restructuring actions, as well as its business process 
outsourcing initiative; unanticipated litigation, claims or assessments, as 
well as the outcome/impact of any current/pending litigation, claims or 
assessments; the Company's success in divesting, reorganizing or exiting 
non-core and/or non-accretive businesses; changes in the Company's intention 
to further repatriate cash and cash equivalents and short-term investments 
residing in international tax jurisdictions, which could negatively impact 
foreign and domestic taxes; the Company's ability to maintain effective 
internal controls; the Company's ability to comply with covenants contained 
in the agreements governing its debt; the investment performance of the 
Company's pension plan assets, which could require the Company to increase 
its pension contributions, and significant changes in healthcare costs, 
including those that may result from government action; the amount and 
timing of repurchases of the Company's common shares, if any; the Company's 
ability to successfully refinance its debt when necessary or desirable; and 
other factors included in the Company's filings with the SEC, including its 
Annual Report on Form 10-K for the year ended December 31, 2018 and in other 
documents that the Company files with the SEC. You should consider these 
factors carefully in evaluating forward-looking statements and are cautioned 
not to place undue reliance on such statements. The Company assumes no 
obligation to update any forward-looking statements, which speak only to the 
date of this ad hoc notice. 
 
17-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     Diebold Nixdorf, Incorporated 
             5995 Mayfair Road 
             44720 North Canton, OH 
             United States 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.dieboldnixdorf.com 
ISIN:        US2536511031 
WKN:         856244 
Listed:      Regulated Market in Frankfurt; Regulated Unofficial Market in 
             Berlin, Munich, Stuttgart, Tradegate Exchange; NYSE 
EQS News ID: 956407 
 
End of Announcement DGAP News Service 
 
956407 17-Jan-2020 CET/CEST 
 
 

(END) Dow Jones Newswires

January 17, 2020 17:38 ET (22:38 GMT)