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GN Store Nord Sells Hearing Aid Division for 17 Billion DKK, Stock Soars

Danish company GN Store Nord has sold its hearing aid division to Italian firm Amplifon in a 17 billion DKK deal, causing its stock to surge by 21%. The company expects to finalize the sale by year-end and will refocus on headphones and gaming, with three-quarters of employees transferring to Amplifon.

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