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2006-06-21 .
  Fidelity Internacional picks up el 7% in GAM for 17,70 million Euros

Fidelity Internacional announced today the purchase of two million shares of General de Alquiler de Maquinaria (GAM), eight days after GAM’s flotation. With a 7% of GAM’s share capital, Fidelity Internacional becomes one of its major shareholders.

Fidelity Internacional, after more than 50 years dedicated to the management of international funds, is currently the most important mutual fund in Europe, and also one of world leaders. Based on today’s closing price, this represents an equity interest 17,70 million Euros, confirming the success of GAM’s flotation project.