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Australian private equity firm Navis Capital Partners has signed an agreement to acquire medical devices supplier Device Technologies from Pemba Capital Partners for around A$700 million ($509 million). The transaction is expected to close by the end of 2018.
“Navis Capital intends to fund the acquisition from its Asia-based funds, and expects to close the transaction by the end of this year.”medicaldevice-network.com
Summarized from public sources; check the original articles before acting on it.