Switzerland's Sonova buying AudioNova to boost retail presence

May 4, 2016 5:40 AM

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ZURICH May 4 Swiss hearing aid maker Sonova is buying Dutch-based AudioNova for 830 million euros ($953.4 million) in cash to expand its retail presence, Sonova said in a statement on Wednesday.

The addition of AudioNova's 1,300 stores in eight countries will boost Sonova's presence to more than 3,300 stores worldwide.

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