27.10.2014 - GIC buys 5 pct stake in US-listed healthcare tech firm IMS
Singapore sovereign wealth fund GIC has bought a 5 percent stake in IMS Health Holdings, a U.S.-listed technology firm servicing the healthcare sector, for an undisclosed amount, according to a regulatory filing. GIC Private Ltd bought common stock of IMS Health earlier this month, according to a Securities and Exchange Commission filing on Oct 23. TPG Capital owns about 48 percent of IMS Health, which has a market value of $8.7 billion, Thomson Reuters data shows...............................................Full Article: Source
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