XIO Group to acquire Israel's Meitav Dash for $387m
XIO Group, a PE firm founded by several Asia-based investment professionals with a view to buying companies in North America and Europe and helping them tap emerging market opportunities, has agreed to acquire Israeli investment firm Meitav Dash for ILS1.48 billion ($387 million).
This is XIO's fourth disclosed investment and second in Israel, following the $510 million privatization of NASDAQ-listed medical device manufacturer Lumenis, which was completed in October 2015. The...
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