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GIC sells entire 3.4% stake in Swiss dental equipment maker Straumann Holding

Thursday, May 18, 2017 - 05:50

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Singapore sovereign wealth fund GIC has fully divested its 3.4 per cent stake in dental equipment maker Straumann Holding for about 292 million Swiss francs (S$415 million), or 541 Swiss francs per share, through an accelerated book-building offering.

Singapore

SINGAPORE sovereign wealth fund GIC has fully divested its 3.4 per cent stake in dental equipment maker Straumann Holding for about 292 million Swiss francs (S$415 million), or 541 Swiss francs per share, through an accelerated book-building offering.

GIC first became a

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