ATM maker Diebold is on the block
Diebold Nixdorf, a North Canton, Ohio-based maker and servicer of automated teller machines, has hired Credit Suisse and Evercore to explore a possible sale, according to CNBC's Alex Sherman.
Why it's a big deal: Diebold is the world's largest ATM maker, with a reported 32% share.
- Those expressing interest include rival NCR and private equity firm Bain Capital.
- Diebold no longer makes voting machines. It sold off that business in 2009.
More from CNBC's Sherman:
"Diebold shares have been in a freefall since forecasting lower-than-expected EBITDA earlier this month and revealing it would use cash on hand and tap its revolving credit line to buy $160 million of Wincor Nixdorf shares, the German company Diebold [mostly] bought in 2016."