Baring Asia to make $1.1b partial exit from Lumenis
Baring Private Equity Asia has agreed to sell the surgical devices business of Lumenis, an Israel-headquartered company that counts Asia as its largest market, to Boston Scientific for $1.07 billion in cash.
The private equity firm will retain the aesthetics and ophthalmology operations. Baring acquired Lumenis from XIO Group – a cross-border GP established by several Asia-based investment professionals...
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