Baring Asia to buy Lumenis from XIO for $1b
Baring Private Equity Asia has agreed to buy Lumenis, an Israel-headquartered medical devices manufacturer that counts Asia as its largest market, from XIO Group for a valuation of $1 billion.
The deal comes three months after XIO – a cross-border private equity firm established by several Asia-based investment professionals that has faced scrutiny over the makeup of its LP base – exited...
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