Hinduja Global Solutions Limited (HGS), the business process management entity of Hinduja Group, will sell its Healthcare Services business to Baring Private Equity Asia (BPEA), for an enterprise value of $ 1.2 billion, the company said on Tuesday.
Baring Private Equity Asia (BPEA) has announced that its affiliated private equity funds have agreed to acquire Lumenis, a leading provider of specialty energy-based medical devices across the fields of aesthetics, urology, ophthalmology, ENT and gynecology from XIO. The transaction values Lumenis at an enterprise value of over $1 billion.