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Smiths Group PLC - London-based engineering for energy, general industry, safety & security and aerospace markets - Sells 1.2 million shares in ICU Medical Inc, receiving net proceeds of $152 million, which will be used for ‘general corporate purposes’. The shares sold represent a 4.9% stake in ICU Medical. Smiths continues to hold 470,000 shares, a 1.9% stake. Nasdaq-listed ICU Medical has a market capitalisation of $3.24 billion. It is a San Clemente, California-based provider of intravenous therapy. Current stock price: 1,737.00 pence 12-month change: up 7.3% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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