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DEMANT — Demant A/S News Story

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Brief: Demant Sells EPOS To ACCO Brands

Dec 22 (Reuters) - Demant A/S DEMANT.CO:

SAID ON SATURDAY SIGNED AGREEMENT TO SELL EPOS TO ACCO BRANDS FOR PURCHASE PRICE OF EUR 7 MLN (AROUND DKK 50 MLN)

ADDITIONAL EUR 3 MILLION (AROUND DKK 25 MILLION) TO BE CONTINGENT UPON ACHIEVEMENT OF CERTAIN FUTURE MILESTONES

EXPECTS ONE-OFF COSTS OF AROUND DKK 650 MILLION

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 Further company coverage: DEMANT.CO

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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