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Biotech / Medical : Given Imaging (GIVN)

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From: midastouch0172/8/2005 5:18:50 AM
   of 29
 
Goldman Sachs becomes major shareholder in Given Imaging
08.2.2005 | 11:28
Shirley Yom Tov

Given Imaging (TASE, Nasdaq:GIVN) can boast a new major shareholder: Goldman Sachs has acquired 5.6% of its shares.

The New York investment bank reported to the U.S. Securities and Exchange Commission that it owns 1.5 million Given Imaging shares worth some $50 million.

The biggest shareholder in the Israeli medical imaging company is IDB (TASE: IDBH) group, which via Discount Investment Corporation (TASE: DISI) and Elron Electronic Industries (Nasdaq:ELRN) owns 27% of its shares.

Orbimed, a med-tech venture fund, owns 13% and the world's biggest mutual funds manager, Fidelity, owns 4.5%.

Gavriel Meron, its CEO, owns 2.6%, including through options.

themarker.com

Midas
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