William Demant Invest has yet to form opinion on GN rights issue
The major investor in GN Group is waiting to make up its mind.
by marketwire, translated by daniel pedersen
GN’s biggest shareholder, William Demant Invest, has yet to take a stand on whether it wants to participate in GN’s recently announced rights issue, planned to raise DKK 7bn (USD 1bn), the investor informs MarketWire.
The offering will include pre-emptive rights for GN’s shareholders in the first half of 2023.
William Demant Invest is the investment arm of Demant-owner the William Demant Foundation.
The planned offering will be subject to shareholder approval at the annual general meeting on March 15.
Related articles:
GN to raise USD 1bn in rights offering
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