Amplifon Bidding for AudioNova: Bloomberg Report

MILAN, ITALY — According to an April 1 report in Bloomberg, Amplifon SpA has secured financing for a bid for major European hearing aid retailer AudioNova. Amplifon, which owns major US hearing aid retailer Miracle Ear, as well as the Elite Hearing Network, appears ready to compete directly with likely bids coming from major hearing aid manufacturers William…

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Sale of Siemens Hearing is a done deal; company is rebranded as Sivantos

ERLANGEN, GERMANY–The sale of Siemens Audiology Solutions to private investors, agreed to on November 6, passed through regulatory scrutiny without a hitch and was finalized on January 15. The purchasers, EQT and the Strüngmann family, paid €2.15 billion (approximately $2.5 billion at the time of closing) to Siemens AG for its hearing aid division, making…

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Siemens to sell hearing aid division; $2.67 billion deal is industry’s biggest ever

This updated version of the post published on November 7 includes additional comments about the sale of Siemens from an informed source whom I interviewed this week. My informant asked not to be named because he was not authorized by his company to speak for publication.  David H. Kirkwood, Editor, Hearing News Watch   MUNICH,…

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