LONDON (dpa-AFX) - Smiths Group Plc (SMIN.L), an engineering firm, confirmed on Wednesday that it has sold 1.2 million shares in ICU Medical Inc. or around 4.9 percent of ICU's share capital.
The Group will receive net proceeds of around $152 million from the sale, to be used for general corporate purposes.
Post-transaction, Smiths continues to hold 0.47 million shares in ICU Medical or approximately 1.92 percent of the share capital.
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