GN doesn't think Demant wants a seat at board table

Aware of takeover rumors, GN Hearing CEO Gitte Aabo reminds speculators that William Demant Invest is an investment firm that usually doesn’t want decision-making influence.

Gitte Aabo, CEO of GN Hearing | Photo: BUNDGAARD CARSTEN/ERH

It raised a few eyebrows when William Demant Invest increased its investment in GN Group to more than 10% over the short span of a few days last week.

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