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Thursday, Jun 06, 2002

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LIC sells 5.24 pc in Abbott Lab

Our Bureau

MUMBAI: Life Insurance Corporation of India sold 2,73,940 equity shares of Abbott Laboratories Ltd at the rate of Rs 245 per share to the open offer given by Pharmacia Corporation.

This constitutes 5.248 per cent of the paid-up capital of the company, said a press release.

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