GN Group's staggering debt concerns investors

While other Danish companies have set aside cash for times of need, GN Group has taken on more interest bearing debt meant for acquisitions.

by christian bundgaard, translated by daniel pedersen

On Monday, Danish business daily Børsen reported of Danish companies’ overflowing bank accounts, containing billions of kroner in liquid assets. However, the same cannot be said of GN Group, parent organization of Danish hearing aid manufacturer GN Hearing, writes Danish media Finans.

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