Baring PE Asia in talks to buy XIO Group unit Lumenis for over $1b

Baring PE Asia in talks to buy XIO Group unit Lumenis for over $1b

Photo: Ibrahim Boran/Unsplash

Baring Private Equity Asia is in exclusive talks to buy XIO Group’s medical laser business Lumenis Ltd., potentially bringing a close to a nearly two-year sale process for the asset, people familiar with the matter said.

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