GN's scrapped capital raise: Norges Bank voted no, William Demant Invest abstained
While the Norwegian bank contributed substantially to GN’s decision to retract a proposed DKK 7bn capital raise, William Demant Invest did not stand in the way.
by marketwire & daniel pedersen
Hearing company GN Group’s plans to raise DKK 7bn (USD 1bn) were scrapped the day before its annual general meeting earlier this week, when GN learned that advanced balloting made it impossible to garner the required two-third majority.
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:
Activist fund denies rumors – does not own GN stock
For subscribers
.jpg&w=384&q=75)
