Lumenis merger with XIO Fund

$14 merger consideration per share for Lumenis shareholders

Lumenis announced that it completed its merger transaction with an affiliate of China's XIO group. As part of that merger, Lumenis shareholders will receive the merger consideration from its of $14 per share in cash.

Lumenis shareholders approve merger with XIO Fund I LP

Nasdaq GlobeNewswire reported that Lumenis Ltd. announced that the shareholders of Lumenis approved merger proposal at a special shareholders meeting held on August 3. According to the merger proposal Lumenis will become a wholly-owned subsidiary of an Israeli company that is, indirectly, wholly- owned by XIO Fund I LP. The merger with XIO is expected to close in September 2015.