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|COPENHAGEN Josh Jackson Youth Jersey , July 15 (Xinhua) -- Novo AS ("Novo"), the holding company of the Novo Group, entered the hearing health industry through acquisition of Sonion Group Jaire Alexander Youth Jersey , a global leader in micro acoustic technologies, the company announced Tuesday.
Sonion Group said in a press statement that Novo has purchased its all shares from Altor Fund III and from other current shareholders for an undisclosed value.
Sonion CEO Joern Moerkeberg said reasons for the sale were attributed to Novo's long and successful track record in managing R&D intensive companies, which could help strengthen Sonion's R&D efforts to develop better products.
Closing of the transaction is subject to approvals from relevant authorities and is expected to take place during the second half of 2014 Ty Montgomery Womens Jersey , according to the statement.
The deal means Novo will expand its long-term life science investment portfolio with a medical technology company that is a leading partner to the hearing instrument manufacturers.
"Through Sonion, we look forward to partnering with the world's hearing instrument manufacturers to continue the development of improved hearing instruments for hearing impaired people around the world," said Novo CEO Eivind Kolding.
"Sonion strongly complements our portfolio of leading life science companies Quinten Rollins Womens Jersey , and this investment is well aligned with our strategy," he added.
Headquartered in Roskilde of Denmark, Sonion is a global leader in micro acoustic technologies that is used for hearing instruments Kenny Clark Womens Jersey , for in-ear earphones and in specialty headsets.
Novo is an unlisted Danish public limited liability company, owned by the Novo Nordisk Foundation. It is the controlling shareholder in Novo Nordisk AS, Novozymes AS Vince Biegel Womens Jersey , and Xellia Pharmaceuticals ApS, as well as a major shareholder in Chr. Hansen Holding AS.
LONDON， Jan. 31 (Xinhua) -- Almost 50，000 British men convicted of offences under former anti-gay laws were granted posthumous pardons on Tuesday.
Queen Elizabeth gave Royal Assent to a new bill which pardons any men of any sexual acts that are no longer crimes in England and Wales.
The pardons only apply to men who are no longer living， but men still alive who have criminal convictions can apply on an individual basis to have their names cleared.
Government Justice minister Sam Gyimah described the outcome as a ""truly momentous day"".
Gyimah said: ""We can never undo the hurt caused， but we have apologized and taken action to right these wrongs.""
The London Gay rights charity Stonewall described the pardons as another important milestone in equality.
The measure， under the Policing and Crime Bill， is known as the Turing Law and follows the granting of a pardon to the World War II hero in 2013.
Turing worked as a wartime code breaker at top-secret Bletchley Park， famed for breaking the German war machine's enigma code. He is credited with saving thousands of lives because of the ability of the British military to read coded messages.
After the war Turing was convicted of an offence known as gross indecency because of a relationship with another man. Rather than live with chemical castration as part of a punishment， he killed himself in 1954.
In a society with changing attitudes towards gay， bi-sexual and transgender people， former Labor prime minister Gordon Brown issued a formal public apology in 2009 to Turing for the way he had been treated.
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