Wincor Nixdorf was a German corporation that provided retail and retail banking hardware, software, and services. Wincor Nixdorf was engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs), retail banking equipment, lottery terminals, postal terminals, software and services for global financial and commercial markets. Following Wincor Nixdorf's IPO in May 2004, KKR and Goldman Sachs sold all of their shares. In total, KKR received over €685 million, broken down into €160 million in dividends in 2004, €225 million (two-thirds of stock market proceeds) in 2005, and €300 million in sales proceeds, also in 2005. During the five years that KKR and Goldman Sachs, the number of employees at Wincor Nixdorf increased from 3,400 to 6,300. More information...
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