BAE Systems (LSE: BAE) and EADS NV (parent of Airbus) said yesterday that they are in merger talks, for a deal that could create a European aerospace and defense giant worth nearly $50 billion.
Abercrombie & Fitch (NYSE: ANF) has hired Goldman Sachs to “keep activist investors at bay,” according to Reuters. Www.abercrombie.com
ACE Ltd. (NYSE: ACE) has agreed to acquire Mexican surety lines company Fianzas Monterrey from New York Life Insurance Co. For approximately $285 million in cash. Www.acegroup.com
Blu Homes, a green homebuilder with offices in Waltham, Mass. And San Francisco, has raised nearly $60 million in an outside funding round led by Skagen Group (The Netherlands). Www.bluhomes.com
Hammond, Kennedy, Whitney & Co. Has sold Nyloncraft, a Mishawaka, Ind.-based provider of plastic molding solutions for the automotive, transportation, industrial and medical markets, to Dickten Masch Plastics, a unit of Patmian Group. No financial terms were disclosed. Lincoln International managed the process. Www.nyloncraft.com
Sowell & Co. Has agreed to sell Omaha-based pet supplies company Sergeant’s Pet Care Products Inc. To Perrigo Co. (Nasdaq: PRGO) for $285 million in cash. Www.sergeants.com
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