EQT Picks Banks to Explore Options for WS Audiology

EQT AB has picked investment banks to advise on options for hearing aid maker WS Audiology, including a possible initial public offering in Copenhagen, people familiar with the matter said.

The Swedish investment firm has selected Danske Bank AS, Goldman Sachs Group Inc. and Morgan Stanley to work on the next steps for the business, which could result in a listing as soon as next year, the people said.