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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek Boosted Stake in U.S. Health-Care Industry Last Quarter

Posted on 16 May 2014

Temasek Holdings Pte, Singapore’s state-owned investment firm, purchased stocks in Thermo Fisher Scientific Inc. (TMO) and BioMarin Pharmaceutical Inc. (BMRN) in the first quarter as it boosted its stake in the U.S. health-care industry.
Temasek, directly or through its units, bought 5.3 million shares valued at $634 million in Thermo Fisher, a manufacturer of scientific instruments and chemicals, according to a filing yesterday with the U.S. Securities and Exchange Commission………………………………………..Full Article: Source


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