By Dan Primack
June 6, 2011

Goodyear Tire & Rubber Co. (NYSE: GT) has agreed to sell its tire reinforcement wire unit to South Korea’s Hyosung Corp. for around $50 million.

Google reportedly has agreed to acquire AdMeld, a New York-based provider of online advertising optimization and integration, for around $400 million. AdMeld had raised $30 million in VC funding from Foundry Group, Spark Capital, Time Warner Investments and Norwest Venture Partners. www.admeld.com

 

THURSDAY, JUNE 9

Avenue Capital is among several foreign investors planning to auction off their combined 30% stake in Indonesian lender Bank Mayapada Internasional, according to Reuters.

CCMP Capital Advisors has agreed to sell CareMore Health Group Inc., a Cerritos, Calif.-based managed healthcare provider for Medicare beneficiaries in California, Arizona and Nevada, to Wellpoint Inc. (NYSE: WLP). No financial terms were disclosed, but the sale price was reported to be just south of $800 million. J.P. Morgan Securities managed the process. http://www.wellpoint.com

Visa Inc. (NYSE: V) has agreed to acquire Fundamo, a South Africa–based provider of mobile financial services for mobile network operators and financial institutions in developing economies. The deal is valued at around $110 million. Fundamo had raised VC funding from South African groups Sanlam, Remgro Ltd. and HBD Venture Capital. http://www.visa.com

Nautic Partners and Pamlico Capital have sold Matec Inc. to AMEC PLC (LSE: AMEC) for $280 million. Matec is an Alpharetta, Ga.-based provider of engineering, environmental, and construction services to public and private clients. The sellers said that their investment in Matec returned 2.7x, inclusive of both this sale and prior distributions. http://www.nauticpartners.com

WEDNESDAY, JUNE 8

Deutsche Boerse will take control of electronic derivatives exchange Eurex by buying out the 50% stake owned by SIX Group of Switzerland. Deutsche Boerse has offered $432.7 million in cash and $432.7 million in shares of a combined Deutsche Boerse and NYSE Euronext entity. The deal is set to close by January 1, 2012. http://deutsche-boerse.com

Josh Harris, a managing partner of Apollo Global Management, is in talks to buy the Philadelphia 76ers from Comcast-Spectacor, according to ESPN.

Roper Industries Inc. (NYSE: ROP) has acquired Northern Digital Inc. from Audax Group. No financial terms were disclosed. Northern Digital is an Ontario-based provider of optical and electromagnetic measurement systems for medical and industrial applications. Harris Williams & Co. managed the sale process.t managers in traditional and alternative assets, for $30 million. www.apexfundservices.com

CareMore, the Downey, CA-based managed care company, will be bought by WellPoint, the nation’s largest health insurance company, for about $800 million, the New York Times reports. CareMore is owned by private equity firm CCMP, which was formerly the private equity division of JP Morgan.

Scoreloop AG, a Munich-based developer of mobile social gaming platforms, has been acquired by Research in Motion. Financial terms were not disclosed. Scoreloop was founded in 2008 and has raised over $3 million from Target Partners and Earlybird Venture Capital. www.scoreloop.com

TUESDAY, JUNE 7


The Blackstone Group
has agreed to sell its 50% stake in theme park Universal Orlando for just over $1 billion to NBC Universal (which currently holds the other 50%). Blackstone originally acquired its stake in 200 for between $250 million and $300 million. http://www.blackstone.com

International Paper Co. (NYSE: IP) has offered to buy rival Temple-Inland Inc. (NYSE: TIN) for $3.3 billion. The $30.60 per share offer represents a 46% premium to today’s closing price for TIN shares.

BP (LSE: BP) is considering a sale of half of its 50% stake in Russian oil producer TNK-BP to state-controlled Rosneft, according to multiple press reports.

The Compagnie de Saint-Gobain, a French building materials company, said that it plans to raise up to €958 million via a flotation in Paris of its glass-container subsidiary Verallia.

Sabre Industries Inc., a Pennsylvania-based maker of products for wireless communications and electric transmission and distribution  infrastructure, has withdrawn IPO registration “due to the current pricing environment for initial public offerings.” It had planned to offer seven million shares at between $12 and $14 per share.

Toshiba Corp. and Sony Corp. are in talks to merge their small to mid-sized LCD panel units, according to Reuters. The deal could include the sale of a stake in the combined entity to the Japanese government for around $1.2 billion.

Baring Private Equity Asia has sold its 49% stake in James Cook Australia Institute of Higher Learning to JCU Enterprises. No financial terms were disclosed. www.bpeasia.com

The Blackstone Group has agreed to sell its 50% stake in theme park Universal Orlando for just over $1 billion to NBC Universal (which currently holds the other 50%). Blackstone originally acquired its stake in 200 for between $250 million and $300 million. www.blackstone.com

Telefonica SA is nearing a deal to acquire Spanish cloud computing company Acens from private equity firm Nazca, according to El Economista. The deal would be valued at around €75 million.

The Blackstone Group has agreed to sell its 50% stake in theme park Universal Orlando for just over $1 billion to NBC Universal (which currently holds the other 50%). Blackstone originally acquired its stake in 200 for between $250 million and $300 million. www.blackstone.com

MONDAY, JUNE 7

Birch Communications, an Atlanta-based provider of telecom and managed services to mid-sized enterprises, has secured $77.5 million in debt financing. Bank of America led the senior term, revolver, and leasing facility components of the package. Silicon Valley Bank also participated. The subordinated debt was provided by Kayne Anderson Mezzanine Partners. www.birch.com

Statoil (NYSE: STO) has agreed to sell a 24.1% stake in a European gas pipeline for $3.25 billion, to an investor group that include Allianz and Abu Dhabi Investment Authoritywww.statoil.com

Intel Corp. has acquired SiPort, a San Jose, Calif.-based provider of HD digital radio chips. No financial terms were disclosed. SiPort had raised over $30 million in VC funding from Intel Capital, Lightspeed Venture Partners, Morgenthaler Ventures and New Venture Partners. http://www.siport.com

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