Is William Demant Invest seeking hostile takeover of GN? Three scenarios in play

William Demant Invest has extended its equity position in GN Store Nord to at least 10%, and whereas the Danish investment firm’s CEO says this move is wholly in line with company strategy, several analysts question the motives behind the purchase.
Photo: Henrik Kastenskov
Photo: Henrik Kastenskov
BY CHRISTIAN BUNDGAARD

William Demant Invest (WDI), majority shareholder of hearing health company Demant, has set something in motion rarely seen on Nasdaq Copenhagen.

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