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Lumenis to list on TASE

Ampal would like to join, but is impeded by legal obstacles

The management of medical laser equipment manufacturer Lumenis (Nasdaq:LUME) is negotiating to list on the Tel Aviv Stock Exchange.

The listing may take effect around the time of the publication of its results, Ma'ariv reports.

A similar business move is under way by Ampal American Israel Corporation (Nasdaq:AMPL), but legal problems related to the capital structure of the company are delaying completion of the move.

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