GIC Sells 3.4% Stake in Straumann Holding

Posted on 05/17/2017


Singapore’s GIC Private Limited has engaged in another Swiss stock sale. GIC has sold a 3.4% stake in Basel, Switzerland-based Straumann Holding AG for around 292 million CHF. This transaction occurred as an accelerated bookbuilding offering. GIC became a key institutional shareholder in Straumann back in 2012, getting a 10% stake in the dental equipment […]