Israel: BPEA to buy Lumenis from XIO

Yan Jiao, managing director, BPEA

Baring Private Equity Asia (BPEA) is to buy medical device provider Lumenis from London-based investment firm XIO. Precise financial terms have not been disclosed, but the deal values the Tel Aviv-based company at more than US$1bn. Lumenis is a leader in the field of minimally invasive clinical solutions for the aesthetic, surgical and ophthalmology specialties….

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