GN Store Nord shares rise on acquisition of gaming firm Steelseries

GN expects annual synergies of 150 mln Danish crownsCOPENHAGEN, Oct 6 - Shares in Danish hearing aid and headset maker GN Store Nord

"We have for some time searched for the right way for GN to enter the very interesting gaming market, being keenly interested in the 'high-end' segment," said René Svendsen-Tune, chief executive of GN Audio, the company's headset unit. "We are primarily doing it because it's a growth case. It ensures, that GN continues to be a growth company," Chief Financial Officer Peter Gormsen told Reuters.

In the first half of 2021, Steelseries posted revenue of 1.3 billion, up 56% from the same period last year, and an earnings before interest, tax and amortisation margin of 14.0%.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Sainsbury’s shares rise on market speculation after private equity swoops for rival MorrisonsShares of British grocery chain Sainsbury's rose Monday after U.S. private equity firm Clayton, Dubilier & Rice narrowly won an auction for domestic rival Morrisons.
La source: CNBC - 🏆 12. / 72 Lire la suite »