LONDON (dpa-AFX) - Smiths Group plc (SMIN.L), on Friday, confirmed that it has sold 830,000 shares in ICU Medical Inc., representing about 3.44% of ICU Medical's issued share capital, and equivalent to about 33% of Smiths' holding in ICU Medical.
Smiths will receive net proceeds of about $88.0 million from the sale which will be used for general corporate purposes.
Smiths continues to hold 1,670,000 shares in ICU Medical representing about 6.92% of ICU Medical's issued share capital.
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