Brief: GN Store Nord Enters Into Agreement To Sell Hearing Business For DKK 17.0 Bln

GN Store Nord A/S

16/03/2026 07:39

March 16 (Reuters) - GN Store Nord A/S GN.CO:

GN STORE NORD A/S ENTERS INTO AGREEMENT TO SELL ITS HEARING BUSINESS TO AMPLIFON S.P.A. FOR DKK 17.0 BILLION

DEAL EXPECTED TO COMPLETE BY END OF 2026 PENDING REGULATORY APPROVALS

DEAL TO BE SETTLED WITH DKK 12.6 BILLION CASH AND 56 MILLION AMPLIFON SHARES

TO USE PROCEEDS TO REDUCE DEBT, INVEST IN BUSINESS, AND RETURN CAPITAL TO SHAREHOLDERS

TO HOLD ABOUT 16% OF AMPLIFON SHARE CAPITAL AFTER DEAL CLOSES

2026 GN ORGANIC REVENUE GUIDANCE EXPECTED TO BE 2%-8% EXCLUDING DISCONTINUED OPERATIONS

DEAL VALUES HEARING BUSINESS AT DKK 17.0 BILLION CASH-FREE AND DEBT-FREE

Source text: ID:nGNE38fRnR

Further company coverage: GN.CO

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))