GN scales back divestment efforts after improving cash flow
Divestment of DKK 1-2bn is part of the plan to reduce GN’s sky-high debt, it was announced in May, but a positive development in the company’s cash flow makes the exercise less urgent.
GN’s new CFO, Søren Jelert, who joined the company this summer from ALK, is less busy divesting non-strategic assets than first thought.
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