GIC sells 3.4% in Swiss dental implants firm Straumann for $296m

GIC sells 3.4% in Swiss dental implants firm Straumann for $296m

Singapore’s national wealth fund GIC has divested its 3.4 per cent stake in Swiss dental implants maker Straumann Holding AG for about $296 million (Swiss francs 292 million), the second block sale within two days for GIC that earlier sold its stake in UBS for a loss.

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