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Cochlear Limited agreed to acquire Oticon Medical, Demant's hearing implants business, for DKK 850 million (approx. AUD 170 million). The deal includes cochlear and acoustic implants and a base of over 75,000 recipients.
“Cochlear Limited, a global leader in implantable hearing solutions, agrees to acquire Oticon Medical for DKK850 million”cochlear.com
Summarized from public sources; check the original articles before acting on it.