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.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Demant has long-term expectations in China
For subscribers
