Demant sees multiple scenarios for divesting surgical division

However, it’s too soon to speculate in concrete outcomes before authorities finish their evaluations of whether Demant’s divestment of Oticon Medical is anti-competitive, says CEO.
Søren Nielsen, CEO of Demant, still thinks that a sale of the company's surgical division will pull through – some way or another. | Photo: Stringer/Reuters/Ritzau Scanpix
Søren Nielsen, CEO of Demant, still thinks that a sale of the company's surgical division will pull through – some way or another. | Photo: Stringer/Reuters/Ritzau Scanpix
by albert rønning-andersson, translated by daniel pedersen & christian radich hoffman

Danish hearing group Demant’s attempt to divest its surgical division, Oticon Medical, to Australia-based Cochlear is seemingly hanging by a thread.

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