Industrial and Commercial Bank of China has agreed to acquire an 80% stake in Standard Bank Argentina, the Argentinian unit of South Africa’s Standard Bank. No financial terms were disclosed.
Thomson Reuters has acquired Gold Fields Mineral Services, a British provider of metals market analytics. No financial terms were disclosed.
Fusion-io Inc. (NYSE: FIO) has agreed to acquire IO Turbine, a San Jose, Calif.–based provider of caching solutions for virtual environments. The deal is valued at up to $95 million, including up to $35 million in cash. Fusion-IO went public back in June, after having raised over $111 million in VC funding from New Enterprise Associates, Lightspeed Venture Partners, Meritech Capital Partners, Andreessen Horowitz and Triangle Peak Partners. IO Turbine has raised nearly $8 million in VC funding from Lightspeed Venture Partners and Merus Capital. Www.fusion-io.com
HTC Corp. Has acquired Dashwire, a Seattle-based provider of a mobile and web application platform, for up to $18.5 million. Dashwire had raised VC funding from firms like Best Buy Capital and Trilogy.Www.dashwire.com
Riverstone Holdings has agreed to sell Titan Specialties, a Pampa, Texas-based provider of oil well services, to British oil services company Hunting for $775 million.
THURSDAY, AUGUST 4
Kraft Foods Inc. (NYSE: KFT) announced that it will spin off its North American grocery business from its core snacks business. The spinout would have around $16 billion in annual revenue, and includes such brands as Jell-O, Philadelphia cream cheese and Kraft macaroni & cheese. Www.kraft.com
Local Response, a social ad platform to help businesses manage check-ins, has agreed to acquire Philo Media, a social TV check-in and ad platform. No financial terms were disclosed. LocalResponse has raised VC funding from BlackBerry Partners, Charles River Ventures, Greycroft Partners, Monitor Ventures, Metamorphic Ventures, Qualcomm Ventures and Verizon Ventures. Philo was backed by North Bridge Venture Partners, DFJ Gotham and Eniac Ventures. Www.localresponse.com
General Atlantic has agreed to sell Network Solutions, a provider of website services, online marketing and global domain name registration, to Web.com (Nasdaq: WWWW). The deal is valued at around $560 million, including $405 million in cash. General Atlantic bought Network Solutions in 2007 for around $800 million, and would retain around a 37% stake post-sale. Www.generalatlantic.com
Liberty Partners has sold SmileCare, operator of 57 dental practices in California, Nevada and Texas, to Coast Dental Services Inc. No financial terms were disclosed. Harris Williams & Co. Advised the sellers. Www.coastdental.com
JS Group Corp. Of Japan has agreed to buy Italian construction company Permasteelisa from Cima Holdings, a portfolio company of InvestIndustrial and Groupe Alpha, for approximately €573 million.
MEMC Electronic Materials Inc. (NYSE: WFR) and its SunEdison subsidiary have agreed to acquire the U.S. Business of Fotowatio Renewable Ventures Inc. For nearly $135 million. Fotowatio is a developer, owner and operator of solar power plants. Its shareholders include GE Energy Financial Services,Grupo Landon, and Qualitas Venture Capital. Www.sunedison.com
Augme Technologies (OTC BB: AUGT) has agreed to acquire Hipcricket, a Kirkland, Wash.–based mobile marketing and ad company, from $44.5 million in cash and stock. Www.hipcricket.com
WEDNESDAY, AUGUST 4
EMI has received takeover bids valuing the company as high as $4 billion, according to the FT. Bidders include BMG, Sony, Universal and Warner Music.
ValueClick (Nasdaq: VCLK) has agreed to acquire Dotomi, a Chicago–based provider of data-driven display media for retailers. The deal is valued at $295 million, including over $162 million in cash. Dotomi had raised VC funding from such firms as Globespan Capital Partners, Investor Growth Capital, Velocity Equity Partners and U.S. Venture Partners. Www.dotomi.com
Ning, a Palo Alto, Calif.-based developer of custom social websites and apps, is on the block for approximately $150 million, according to All Things D. The company has raised over $100 million in VC funding from Marc Andreessen, Reid Hoffman, Legg Mason, Allen & Co. And Lightspeed Venture Partners. Www.ning.com
Tonka Bay Equity Partners has completed the sale of portfolio company The Resort Co., a Steamboat Springs, Colo.-based vacation rental and property management company, to a unit of Wyndham Worldwide (NYSE: WYN). No financial terms were disclosed. Www.theresortcompany.com
TUESDAY, AUGUST 2
Jana Partners and Ontario Teachers’ Pension Plan announced a combined 5.2% stake in McGraw-Hill(NYSE: MHP), with reports that the activists could be looking to break up the company. McGraw-Hill units include a book publishing division and the Standard & Poor’s rating agency.
Cheung Kong Infrastructure Holdings, a group controlled by Li Ka-shing, has agreed to acquire listed British utility Northumbrian Water Group for £2.41 billion, or £4.65 per share.
ERA Group Inc., a Louisiana-based helicopter transport operator owned by Seacor Holdings, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol ERA, with Goldman Sachs serving as lead underwriter.
LivingSocial, a Washington, D.C.-based daily deals site, has agreed to acquire TicketMonster, a South Korea-based social commerce site. No financial terms were disclosed. Www.livingsocial.com
Kirin Holdings, a Japanese beverage maker, has agreed to acquire a controlling stake in Brazil’s Aleadri-Schinni Participações e Representações, for approximately $2.6 billion.
EnPro Industries Inc. (NYSE: NPO) has acquired Tara Technologies Corp., a Daytona Beach, Fla.–based maker of highly-engineered products and solutions to the semiconductor, aerospace, energy and medical markets. No pricing terms of the all-cash deal were disclosed. Sellers include Tara Capital and Balmoral Advisors. Www.enproindustries.com
Fresenius Medical Care has agreed to acquire Liberty Dialysis Holdings from Bain Capital and KRG Capital Partners for $1.7 billion (including $1 billion of assumed debt). The deal is expected to close early next year. Fresenius also said that it plans to acquire American Access Care Holdings, an operator of vascular centers for dialysis patients, for $385 million. Www.fmcna.com
MONDAY, AUGUST 1
Peabody Energy and ArcelorMittal have launched a hostile bid for Australia’s Macarthur Coal, which would value the company at around A$4.7 billion (US$5.2 billion).
Apax Partners has agreed to sell French satellite communications service provider Vizada to EADS for $960 million. Www.apax.com
RealPage (Nasdaq: RP), a Carrolton, Texas-based provider of online property management systems for the multi-family housing market, has acquired SeniorLiving.net, an Internet lead generation and placement network for the senior housing market. The deal is valued at $4.5 million in cash, plus unspecified earn-outs. RealPage shareholders include Apax Partners, Advanced Capital Partners and Camden Partners. Www.realpage.com
