Lumenis to be sold for $510 Million

(Public Forum) Links to resources and other helpful information regarding cosmetic medical devices. This section contains many scientific, peer reviewed studies which show correlations between cosmetic devices and adverse reactions in patients. PLEASE DO NOT COMMENT ON POSTS IN THIS AREA. POSTS HERE ARE FOR REFERENCE ONLY.

Lumenis to be sold for $510 Million

PostPosted by hopeful19 » Wed Aug 05, 2015 6:01 pm

Medical-device Maker Lumenis to Be Sold to Hong Kong's XIO for 510 Million

$14-a-share price is 16% premium over company's Nasdaq price on the eve of the announcement.

Dror Raich Jun 18, 2015 3:56 PM

Israel's Lumenis, which makes equipment for surgical, ophthalmology and aesthetic applications, said Thursday it was being sold to the Hong Kong investment company XIO Group for $510 million.
"There's almost no risk involved," says Stephen Fanning, CEO of Solta Medical, which owns Fraxel.

The world is a dangerous place to live, not because of the people who do evil, but rather those who sit back & let it happen.
-Einstein
hopeful19
Long Time Member
Long Time Member
 
Posts: 1580
Joined: Fri Jun 18, 2010 5:47 pm

Return to Resources (POSTS NOT OPEN TO REPLIES) PUBLIC

Who is online

Users browsing this forum: No registered users and 0 guests