Demant acquires remaining 80% of Shengwang, completing acquisition
The Danish hearing aid giant bought 20% of shares in the Chinese hearing aid clinic network in March, and has now acquired the rest.
by marketwire, translated by daniel pedersen
Demant has purchased the remaining 80% of shares in Shenwang, a network of hearing aid clinics in China, which was all that was needed for the hearing aid manufacturer to call itself the sole owner of the Chinese company, according to a press release.
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