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Sovereign Wealth Funds Briefing - Categorized | Market

Temasek pares U.S. stocks with Facebook, Monsanto exits

Posted on 18 November 2013

Temasek Holdings Pte, Singapore’s state-owned investment firm, exited Facebook Inc. (FB), Monsanto (MON) Co. and Air Products & Chemicals Inc. (APD) in the third quarter as it pared U.S. stock holdings.
Temasek, directly or through its units, sold 4.3 million A shares of social-networking company Facebook, valued at $107 million in the second quarter ended June 30, according to a filing yesterday with the U.S. Securities and Exchange Commission. Temasek sold 1.42 million shares of seed maker Monsanto and 1.25 million shares of industrial gas producer Air Products………………………………………..Full Article: Source


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