Diebold Nixdorf Inc. and some of its lenders remain in confidential talks as the automated teller machines maker works to head off a liquidity shortfall, according to people with knowledge of the discussions.
Diebold’s shares sank Friday after the company disclosed in a regulatory filing that it’s facing near-term pressure on liquidity. The company included language in the filing saying “substantial doubt exists” about its ability to continue as a going concern.
Lawyers at Davis Polk & Wardwell, which represents secured lenders and noteholders, held a private call Friday with the group and told some that they are still under ...
