Amplifon Shareholders Approve Capital Increase for GN Hearing Acquisition
Bitget2026/10/29 12:10- Amplifon shareholders today approved issuing 56,000,000 shares to GN Store Nord for the acquisition of its entire hearing business.
- The shares carry an issue price of EUR 11.267 each; the acquisition also includes EUR 1.69 billion in cash, subject to adjustments.
- Closing is expected by the end of 2026, subject to conditions, with the share issuance occurring concurrently no later than June 30, 2027.
- GN will hold 17.09% of share capital, representing 9.13% of voting rights, following the issuance.
- The remaining cash consideration will be financed through a EUR 1.35 billion senior loan with a maximum 24-month term.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Production Increase Falls Short, Layoffs First! Boeing (BA.US) Cuts 5% of Commercial Airplane Jobs, Delays 737 Monthly Production Target of 47 Aircraft to 2027
Stephanie Pope, head of Boeing's commercial airplanes division, informed employees in an internal memo on Monday that due to obstacles in increasing aircraft production, the division plans to cut 5% of its workforce.
After acquiring SpotHero, Uber (UBER.US) makes its debut in the parking sector with a parking space reservation feature, initially available in 15 U.S. cities
Uber has launched a brand new parking space reservation feature, which marks its first step in the parking sector following its acquisition of the parking app SpotHero earlier this year.
Arbitrum will welcome a new propAMM
Crypto prices
More
