Leading Israeli investment house Meitav Dash announced, Thursday, that it has been acquired by the London-based XIO Group for 1.48 billion shekels (almost $386 million), according to the Globes financial publication.
Meitav-Dash is Israel's second largest investment house with NIS 122 billion under management. This is XIO's second Israeli acquisition, having bought medical device company Lumenis for $510 million last year.