GN purchase story is very speculative, says analyst

Competition rules could block a purchase of GN Store Nord and subsequent divestment of GN Hearing, says a Sydbank analyst on the speculative story that this might be underway.

Photo: GN Store Nord / PR

Although GN Store Nord is reasonably priced, it wouldn’t exactly be easy pickings for one or several players to buy up the entire group, assesses Søren Løntoft Hansen, a senior equity analyst at Sydbank.

Løntoft Hansen is commenting on a recent story by Inside Business, which reported that a number of international private equity firms and industrial players were looking into buying GN Store Nord stock after a recent price drop.

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