William Demant tries to buy majority of Audika Group for €91mm
Executive Summary
William Demant Holding AS exclusively negotiated with public French company and fellow hearing loss device maker Audika Group SA to buy 53.9% of the latter firm's stock for €17.78 ($20.26, a 35% premium). Based on the 9.4mm Audika shares outstanding as of mid-January, the deal would be valued at €91mm.
Deal Industry
- Distributors
- Medical Devices
- Services
Deal Status
- Preliminary
Deal Type
-
Acquisition
- Partial Acquisition
- Payment Includes Cash
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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