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APAX PARTNERS – ACQUISITION OF SYNERON CANDELA

17 abril, 2017

Global private equity firm Apax Partners has announced the acquisition of the outstanding shares in Syneron Candela in a deal worth $397m, implying 15% premium on the company´s 90-day volume-weighted closing price on 31 March. Syneron is a non-surgical aesthetic device company, operating its R&D and manufacturing facilities in Israel and the US, with distribution to almost 100 countries.